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Port Strike Likely; Import Policy May Raise Costs

Port Strike Likely; Import Policy May Raise Costs

With two weeks left before the deadline and the sides not talking to each other, the prospect of an International Longshoremen’s Association (ILA) strike at U.S. East Coast and Gulf ports on October 1st looks likely. Market experts are using terms ranging from “glitches” to “devastating” to describe the impact of the strikes. Electronics are…

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