Biden holds back on intervention in dockworkers strike [Video]

The Biden administration is urging dockworkers and port owners to reach an independent deal as a nationwide strike threatens to upend dozens of U.S. ports and commerce.The strike, which began Tuesday, involves 45,000 dockworkers demanding better wages. Workers argue their workload has increased due to growth in commerce in the aftermath of the pandemic, while inflation has eroded pay.The economic impact of the strike could hit sometime in the next few weeks, potentially disrupting supply chains and increasing the cost of goods. Still, President Biden says he wants all parties involved to reach a deal on their own.”The owners are making tens of millions of dollars in this. The last thing they need is to profit off of this,” Biden said Wednesday. “It’s time for them to sit at the table and get this strike done.”In a one-on-one interview with Hearst Television, Transportation Secretary Pete Buttigieg echoed the administration’s stance.”We …