Economy / FinanceKey VideosNorth America

ITM Trading: Port Strike Catastrophe, $5 Billion a Day and Rising Prices Everywhere

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In a development that could shake the foundations of the U.S. economy, a massive port strike is currently gripping the nation. The repercussions are already being felt, as millions of dollars in trade are disrupted, leading to rising prices and escalating inflation. Taylor Kenney from ITM Trading recently shared insights into this monumental strike—the largest the United States has seen in over fifty years—and the severe implications it could have for inflation, production, and the overall economic landscape. The numbers speak volumes. With the strike estimated to cost the economy a staggering $5 billion a day, it’s crucial to understand…

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