"Dockworkers have walked out of every major port on the U.S. East and Gulf coasts, marking the beginning of a strike that could ripple through the world's largest economy and cause political turmoil just weeks before the presidential election."
"The significance of a work stoppage at every major container port from Houston to Miami and New York-New Jersey depends on how long the strike lasts."
"We are prepared to fight as long as necessary, to stay out on strike for whatever period of time it takes," Daggett said in a statement posted to Facebook.
"The economic loss from the shutdown, which began at 12:01 Tuesday morning Eastern Standard Time, will be between $3.8 billion to $4.5 billion a day, according to JPMorgan Chase & Co."
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