By Nandita Bose and David Shepardson WASHINGTON (Reuters) - U.S. President Joe Biden's strategy of backing politically crucial unions while avoiding ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Nandita Bose and David Shepardson
Biden's Labor Day prediction that the union would not strike against Detroit's automakers ahead of a Sept. 14 contract deadline was soundly rejected by UAW President Shawn Fain. A UAW strike that shuts Detroit's Big Three manufacturers could cost carmakers, suppliers and workers over $5 billion, a study by the Michigan-based Anderson Economic Group says. With new car inventories slim, consumer experts say that could translate to higher car prices - an important component of inflation.
While other major labor unions have endorsed Biden's 2024 run, the UAW, which backed Biden in 2020, has held out, citing his electric vehicle policies. Biden's Republican rival, Donald Trump, stepped up his attacks on the Democrat's EV policies over the Labor Day weekend, urging auto workers to support him. Trump won Michigan in 2016, helping propel him to the White House; Biden beat him by 154,000 votes in Michigan in 2020.
Accelerating Detroit's shift to electric vehicles is a central element of Biden's climate policy, and the administration is offering billions of dollars in federal subsidies to spur domestic EV and battery production.
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UAW clash with Detroit 3 shows a more confrontational union as strike deadline loomsUAW president Shawn Fain has set high expectations and assured union members that they can achieve significant gains if they are willing to walk picket lines.
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Here's how a UAW strike against the Detroit 3 could play outThe UAW has warned it could strike all three Detroit automakers at once, but it also could target key production sites to avoid burning through its US$825 million strike fund.
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Combative UAW presses Big 3 automakers with ‘audacious’ demands as strike deadline loomsUnited Auto Workers union president is setting high expectations and assured union members they can achieve significant gains if they walk the picket line
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Why the UAW may see some opportunity for a strikePresident Joe Biden downplayed a potential UAW strike against the Big Three automakers (F, GM, STLA), saying he is 'not worried' about a strike and that he doesn't 'think it's going to happen.' Autoblog Editor-in-Chief Greg Migliore agrees with Biden, saying the likelihood of a strike is 'still relatively low.' 'That being said, this is the most aggressive, I would say, bargaining tactics we've seen from the UAW in quite some time,' Migliore adds. Migliore also explains that with a pro-union president in the White House and the ongoing Hollywood strikes gaining support, 'the mood for labor in this country is definitely swinging to a climate where there would be some support for workers.'
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GM exec says UAW demands 'would threaten...manufacturing momentum'DETROIT (Reuters) - General Motors' global head of manufacturing, Gerald Johnson, said in a video statement released on Tuesday the demands received ...
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Biden to Take Victory Lap on Ports Deal as UAW Strike LoomsPresident Joe Biden will celebrate a labor deal for port workers at the White House on Wednesday, a bid to showcase his support for unions even as another contract dispute involving the auto industry threatens to rattle the US economy and upend supply chains.
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