The White House has remained firm in its position that it will not intervene in negotiations between port workers and dock employers as trade flows screech to a halt and the lead union boss threatens to "cripple" the economy less than 35 days before the presidential election.
A general strike spread across most of the major ports on the U.S. East Coast Tuesday as the labor union representing the workers, International Longshoremen’s Association (ILA), said dock employers failed to give in to their demands.
The strike threatens to plug up an estimated $2.1 billion in daily trade flows from these busy ports as the presidential election and holiday seasons fast approach.
