15:36 - 30.09.2024

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September 30, Fineko/abc.az. The promised strike of 45,000 port workers in the U.S. has forced farmers to prepare for supply delays and falling sales.

ABC.AZ reports that the strike may begin on October 1, just a few weeks before the U.S. presidential election. JPMorgan estimates $5 billion in daily damage to the U.S. economy from the upcoming strike. The work is planned to be stopped at 36 ports, through which about half of the U.S. marine imports pass.

The strike will affect about 14% of U.S. agricultural exports by sea. The American Federation of Farm Bureaus estimates exports at $318 million per week. The port shutdown will affect 53% of U.S. agricultural imports by sea. The Farm Bureau estimates the amount at $1.1 billion per week.