Billions at risk as West Coast Port contract ends

Global Business

While the U.S. looks forward to a crude oil export boom, it’s facing a potential problem on the imports front.
West Coast ports account for half of U.S. maritime trade and nearly three-quarters of imports from Asia.
But the contract that covers 20-thousand dockworkers is set to expire in just a few days.
The negotiations are raising fears of another strike like the one that disrupted trade in 2002.
Chris Casquejo has the story from Seattle.

Billions at risk as West Coast Port contract ends

Billions at risk as West Coast Port contract ends

While the U.S. looks forward to a crude oil export boom, it's facing a potential problem on the imports front. West Coast ports account for half of U.S. maritime trade and nearly three-quarters of imports from Asia. But the contract that covers 20-thousand dockworkers is set to expire in just a few days. The negotiations are raising fears of another strike like the one that disrupted trade in 2002. Chris Casquejo has the story from Seattle.
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