• 3 days ago
The International Longshoremen’s Association is threatening a strike on January 15th over automation concerns, which could disrupt U.S. ports just days before President-elect Donald Trump’s inauguration. The ILA is negotiating with the United States Maritime Alliance for stronger protections against semi-autonomous equipment. The ILA staged a three-day strike in October, gaining pay concessions while suspending further action until January. The U.S. president could invoke the Taft-Hartley Act to end a strike, but such intervention is politically sensitive given Trump’s mixed stance on automation and trade.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02International Longshoremen's Association is threatening a strike on January 15th
00:06over automation concerns, which could disrupt US ports just days
00:10before President-elect Donald Trump's inauguration.
00:12The ILA is negotiating with the United States Maritime Alliance
00:15for stronger protections against semi-autonomous equipment.
00:18The ILA staged a three-day strike in October,
00:20gaining pay concessions while suspending further action until January.
00:24The US president could invoke the Taft-Hartley Act to end a strike,
00:28but such intervention is politically sensitive,
00:30given Trump's mixed stance on automation and trade.
00:32For all things money, visit Benzinga.com slash GSTV.

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