Reported 4 days ago
Dockworkers at U.S. East and Gulf Coast ports are on strike, halting the import of beef and seafood crucial for hamburgers and other food products. The strike has led to over 50 container ships stranded offshore, threatening to create shortages and price hikes in the food supply chain. The beef sector is particularly vulnerable due to limited domestic supplies following severe droughts, with a noted increase in beef imports from Australia and other countries. If the strike continues, fast-food chains may face increased costs, ultimately affecting consumers.
Source: YAHOO