Dockworkers across 36 major U.S. ports initiated a strike on October 1, following the expiration of their contract with the International Longshoremen’s Association (ILA). This unprecedented strike, the first since 1977, is driven by demands for a 77% wage increase over six years and job protections against automation. The U.S. economy could face significant disruptions, with potential losses estimated at $5 billion per day, particularly affecting supply chains for vital industries such as manufacturing and food. Despite some progress in negotiations, the two sides remain far apart, with the U.S. Maritime Alliance offering smaller wage hikes and limited concessions on automation. Union leaders emphasize that the high profits made by shipping companies during the pandemic necessitate fair compensation for workers. If unresolved, the strike could exacerbate inflation and lead to shortages of essential goods.