U.S. Economy on Edge: Massive Port Strike Could Spark Economic Crisis [Video]

The U.S. is on the edge of a potential economic disaster as port workers prepare for a massive strike starting October 1. This strike could paralyze crucial East Coast and Gulf of Mexico ports, responsible for handling about half of America’s maritime imports.

Over 85,000 members of the International Longshoremen’s Association (ILA) are demanding wage increases and protection against automation, potentially halting operations at three dozen ports. If their demands aren’t met by the United States Maritime Alliance (USMX), the strike could disrupt supply chains and cost the U.S. economy billions each day, as reported by the Daily Caller.

Experts warn that this looming strike could have devastating effects. Peter C. Earle, senior economist at the American Institute for Economic Research, likens it to the chaos seen during the COVID-19 pandemic.

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He predicts a sharp …