Trump Tariffs on Russia’s Oil Buyers Bring Economic, Political Risks
From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon.
The American Maritime Officers union and the American Steamship Company have reached a tentative agreement on an expired labor contract, ending a week long AMO strike and allowing ASC to restart vessel operations.
Under the new agreement, both parties have agreed to extend the current contract through – at a minimum – the end of the 2011 Great Lakes shipping season, and the assurance that both sides will be able to reach a successor agreement come 2012.
AMO National President, Tom Bethel, said in a statement posted to the AMO website, “AMO and ASC are now confident and committed to reaching an agreement prior to the beginning of the 2012 operating season – an agreement that ensures the job and benefit security of AMO members and addresses the company’s competitive needs.”
The strike started on August 1 when AMO members working for the Great Lakes operator walked off all ASC vessels, forcing ASC to cease operations.
Pictured: ASC vessel M/V Buffalo courtesy ASC
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