U.S. industries are urging President Biden to intervene and restart labor talks between East and Gulf coast dockworkers and port operators to prevent a potential port strike. The breakdown in negotiations threatens to further disrupt global supply chains, which are already strained due to geopolitical issues. With the current agreement expiring on September 30, over 150 industry groups, including the U.S. Chamber of Commerce and the National Retail Federation, have called for immediate action to avoid disruptions during the peak shipping season, emphasizing the critical role of these ports in the economy.
Article: U.S. Industries Fearing a Port Strike Urge Biden to Revive Labor Talks
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