The strike by auto-industry workers won’t hurt the U.S. in the short run, but a months-long dispute could sting the economy and potentially stall the Federal Reserve’s fight to tame inflation.
Several days into the standoff, the United Auto Workers has acted in piecemeal fashion. The union has only launched strikes at three of the 25 U.S. plants run by the Big Three of General Motors GM, Ford F and Stellantis STLA. And less than 10% of the UAW’s 146,000 members have taken part.
The…
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