Dock workers at all major ports on the East Coast of the USA and the Gulf of Mexico have gone on strike, which could impact the world's largest economy and trigger political turmoil in the weeks leading up to the presidential election. The affected ports collectively have the capacity to handle up to half of the USA's trade volume, and this strike will result in the suspension of container and auto transportation. Energy supply and bulk cargo are not affected. Shipments of military goods and the movement of cruise ships are exceptions. Every major container port from Houston to Miami and New York-New Jersey will come to a halt, with the severity depending on the duration of the strike. JPMorgan stated that the strike, which began at 12:01 a.m. Eastern Standard Time on Tuesday, will result in daily economic losses ranging from 3.8 billion to 4.5 billion dollars. New York Governor Kathy Hochul noted in a statement issued after midnight that recently, dock workers on the East Coast, from Maine to Texas, have initiated the largest strike in 47 years.