Inflation will worsen the longer dockworker strike keeps ports closed

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The historic dockworker strike that began this week risks reigniting inflation — with the situation becoming worse the longer the work stoppage lasts.

On Tuesday, tens of thousands of members of the International Longshoremen’s Association at ports from Maine to Texas began striking after their six-year contract with the U.S. Maritime Alliance lapsed. Workers at three dozen East Coast and Gulf Coast ports are now on strike, stopping ships from unloading goods and putting pressure on the country’s supply chains.

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