As the threat of a dockworker strike shutting down 14 major ports loomed, business leaders pressed President Barack Obama to use his powers under the Taft-Hartley Act to keep the ports open. A shutdown would take a major toll on U.S. businesses, causing logistical chaos that could take months to put right, industry groups argued. Taft-Hartley was last invoked in 2002 by George W. Bush, during a West Coast port shutdown that cost the economy about $1 billion a day.

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