The United States trade balance figures are at their worst half yearly level this century.?
MV Picket with sign
GV Containers on dock
CV Containers (2 shots)
GV Deserted loading bay
GV Ship alongside deserted wharf
ZOOM OUT FROM Containers to GV docks
MV Container handling vehicle idle
GVs Deserted docks & containers on docks (4 shots)
Initials SGM/1636 SGM/1629
Our production 7764/71 serviced on July 9, also applies.
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Background: The United States trade balance figures are at their worst half yearly level this century. The country has a trade deficit of 372 million dollars (154 million sterling) in the first half of the year.... the first time imports have exceeded exports in a six-month period since the turn of the century. A major strike by longshoremen also on the west coast has been a further drain on the economy. The dock workers strike is now in its second month. Millions of dollars a day are being lost as goods for export pile up on the docks.
SYNOPSIS: Some 120 ship in 24 ports along the western seaboard of the United States are standing idle as a result of a strike by longshoremen. The strike, now in its second month, is costing America millions of dollars a day in lost exports. The strike was called over wage demands and the question of who should handle the increasing number of containers coming into the country. The union says their men should, the companies say it is up to truckers. The strike comes at a time when the United States has a trade deficit of 372 million dollars (154 million sterling) for the past six months... the first half yearly trade deficit this century.