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Negotiators Reportedly Reach Agreement To Suspend Port Strike

The International Longshoremen’s Association (ILA) suspended port strikes along the East Coast and Gulf Coast on Thursday after agreeing to postpone them until January 15 for new contract negotiations, according to multiple news outlets. It was reported that he did.

The strike, which began early Tuesday morning, affected 14 major ports after the union failed to reach a contract agreement with the United States Maritime Union (USMX). Although no final agreement has been reached, sources said: told CNN The two sides agreed to extend the previous contract until January 15, allowing more than 40,000 union members to return to work.

According to reports, the extended period will allow USMX and ILA to sign a new six-year contract, with both sides agreeing to a 62% wage increase. According to to Reuters. ILA had initially asked for a 77% increase, while USMX offered nearly 50%, leading to the initial standoff. (Related: Union executive intends to ‘neutralize’ more than $900,000 in American profits last year)

On strike at Brooklyn’s Red Hook Container Terminal after members of the International Longshoremen’s Association (ILA) began walking off the job after 12:01 a.m. ET on October 1, 2024 in Brooklyn, New York. workers gathered ahead of Mayor Eric Adams’ visit. . (Photo by Spencer Pratt/Getty Images)

Former Trump administration Labor Secretary Eugene Scalia told Fox viewers on Wednesday night that a prolonged economic downturn could have “extraordinary consequences” for the economy and that President Joe Biden could take unions to court. He warned that he might file for an injunction. .

“These strikes can have a very big impact on the economy as a whole, and most of the time when you have coast-to-coast strikes like this, up and down the East Coast, up and down the Gulf of Mexico, where this situation is very “If it goes on long enough, the president, Republicans and Democrats, decided they would have to go to court and get an injunction,” Scalia said.

“As the ILA president said, in a few weeks, the impact on other parts of the country will be very severe,” Scalia continued. “I think the president needs to consider very seriously by next week whether he needs to go to court.”

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