The port strike is over. Here’s what happens next | CNN Business

New York CNN  — 

It took only three days for one side to blink and the potentially crippling strike at the United States’ East and Gulf Coast ports to come to an end, with likely only limited damage to America’s economy.

Members of the International Longshoremen’s Association, the union representing 50,000 members covered under the contract with the United States Maritime Alliance, were back on the job early Friday after the two sides reached an agreement on the key dispute in the strike that started early Tuesday – the scale of wage increases.

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