Bullet points of White House urges dockworkers and East Coast ports to avoid strike
Bullet points of White House urges dockworkers and East Coast ports to avoid strike
- White House urges swift return to bargaining table to avert major port strike as time runs out.
- Analysts warn of significant disruptions to supplies and potential economic losses.
- Despite possible $4.5-$7.5 billion weekly impact, overall effect on GDP projected at modest 0.1%
- Administration confident in supply chain resilience, preparedness to address challenges.
- Biden administration engaging with various sectors to assess impact.
- No plans to invoke Taft-Hartley Act for cooling-off period.
- Emphasis on supporting collective bargaining for fair worker-employer agreements.
- White House urges swift return to bargaining table to avert major port strike as time runs out.
- Analysts warn of significant disruptions to supplies and potential economic losses.
- Despite possible $4.5-$7.5 billion weekly impact, overall effect on GDP projected at modest 0.1%
- Administration confident in supply chain resilience, preparedness to address challenges.
- Biden administration engaging with various sectors to assess impact.
- No plans to invoke Taft-Hartley Act for cooling-off period.
- Emphasis on supporting collective bargaining for fair worker-employer agreements.