PORT STRIKE: long-term effects of strike & "panic buying"
The port strike came to an end within three days, meaning limited impact on the American economy. The work stoppage threatened supply chains, and caused shortages of some consumer goods and supplies needed to keep US factories running. It also temporarily cut off the flow of exports, putting US business sales at risk. As the port strike happened, some communities witnessed "panic buying," similar to what was seen back in 2020. ASU Professor Hitendra Chaturvedi joins LiveNOW from FOX to explore the lasting impacts of the strike, and what could have happened if it lasted any longer.