Manufacturers Urge Action to Avoid Economic Woes from a Port Strike
A Strike Will Halt Commerce and Further Damage Our Economy
National Association of Manufacturers (NAM) President and CEO Jay Timmons issued this statement on the outcome of today’s labor talks between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX):
“A labor strike of the East and Gulf Coast ports would be a devastating blow to manufacturing supply chains and halt exports of U.S.-manufactured goods. This spells bad news for manufacturers and the millions of men and women who work directly in manufacturing and heavily depend on trade to remain competitive and to support jobs.
While there is no good time for a strike along our nation’s ports, the economic damage could be even more profound as we face the uncertainty of the fiscal cliff. In the event of a strike, the NAM urges President Obama to invoke provisions under the Taft-Hartley Act. The President has appointed a federal mediator, and we are urging both sides to come to a resolution as quickly as possible to avoid further damage to our economy and to protect our exports.”