Port Strike Deadline Approaches

Obama faces pressure to intervene and prevent East Coast strike.

President Barack Obama is facing pressure to intervene and prevent a strike that would gridlock eastern U.S. ports and risk damaging industries from retail to manufacturing.

Federal mediators have been pushing for a deal between dockworkers and their employers before a Dec. 29 deadline. Talks between the International Longshoremen’s Association and the U.S. Maritime Alliance broke down last week amid a dispute over so-called container royalty fees, or levies that supplement wages.

Retail Pressure

 

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