With a potential strike looming at ports along the East Coast and Gulf Coast, businesses are rushing to move as much trade as possible before the shutdown. Data shows a significant amount of cargo arriving at these ports, valued at billions of dollars. Logistics companies are working to clear containers off the docks to avoid delays. A strike could disrupt the flow of goods, impacting the economy and consumer prices. The Biden administration has urged parties to reach a fair agreement, but negotiations have not been successful. The potential strike could have far-reaching effects on various industries and the overall economy.
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