Transportation secretary Pete Buttigieg warned on Monday that the dockworkers strike could have major impacts on the economy the longer it goes on.
Transportation Secretary Pete Buttigieg said Thursday that the port strikes could have a real impact on the economy during an interview on MSNBC's 'Morning Joe.' 'The longer this goes, the more economic impact you're going to see. Look, if you just think about the pace of ocean shipping, obviously something you're expecting to get overnight isn't something you're sending in an ocean liner. But it doesn't take long for this to really have an impact.
The companies that imported the most volume into East Coast and Gulf Coast ports from September 2023 to September 2024 are General Motors, Walmart, LG Electronics, Mercedes Benz and Ikea, according to the latest data from ImportGenius shared with FOX Business. Fox News' Breck Dumas contributed to this report.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pete Rose Passes Away at Age 83Pete Rose passed away Monday at the age of 83, TMZ reported Monday night.
Read more »
Walz debate prep underway with Pete Buttigieg as Vance stand-inHe'll face off with Sen. JD Vance on Oct. 1 in New York City.
Read more »
Pete Buttigieg: The Democratic Party’s debating guruPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Pete Buttigieg's Response to Trump, Vance Migrant Claims Takes Off OnlineButtigieg pointed towards the use of the false migrant claims as a Trump campaign strategy to 'talk about anything, but their actual agenda.'
Read more »
Eight Electric Vehicle Charging Stations Built Under Inflation Reduction Act, More Coming SoonTransportation Secretary Pete Buttigieg stated on CNBC's Squawk Box that eight electric vehicle charging stations have been built so far under the Inflation Reduction Act’s $7.5 billion investment. While this may seem slow, Buttigieg explained that most construction will occur in the second half of the decade, with a focus on federally-supported chargers in areas where private sector development is not profitable.
Read more »
Buttigieg Says EV Charging Station Construction 'On Track' Despite Slow StartTransportation Secretary Pete Buttigieg stated on CNBC's Squawk Box that the construction of electric vehicle charging stations under the Inflation Reduction Act is 'on track,' despite only eight stations being built so far out of the planned 500,000 by 2030. Buttigieg explained that most construction will occur in the second half of this decade and emphasized the need for federally-supported chargers to fill gaps in market coverage not addressed by private sector development.
Read more »