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Ports crisis signals shift to global supply chains and 1970s precedents
The article traces a shift from Taft Hartley era port strikes to today’s globalized trade, noting a $427 billion last year trade deficit growth, a peak in October imports for Christmas, and West Coast ports handling over $300 billion in cargo. It highlights China as America’s largest trade deficit partner and reliance on foreign-made components across U S industries.
MENTIONED IN THIS ARTICLE
U.S
Stephen Cohen
University of California At Berkeley
United States
Eric Autor
National Retail Federation
West Coast
Pacific Rimcoun
America
China
West
Japan
Panama Canal