​Time Is Running Out: US Port Strike Could Begin Tuesday; Goldman Finds Highly Exposed Retailers   – Tyler Durden

Time Is Running Out: US Port Strike Could Begin Tuesday; Goldman Finds Highly Exposed Retailers   Time is running out for the International Longshoremen’s Association (ILA) and the US Maritime Alliance (USMX)—a coalition of port operators and carriers—to form a new labor contract as the existing one expires at midnight. A no-deal scenario would mean thousands of longshoremen at three dozen facilities across 14 Gulf and East Coast ports would begin striking at 12:01 am EST. Tuesday would mark the beginning of a major supply chain storm (inflation surge) in a no-deal scenario. Goldman analyst explained last week that a walkout by ILA members…  — Continue at ZeroHedge News : Read More