If UAW Doesn't Get a Good Deal By Midnight Thursday, They Will Strike

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 Good to hear:


The United Auto Workers union will strike against the Detroit automakers if the sides don’t reach labor deals by an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said Wednesday on CNBC’s “Squawk Box.”

Fain’s comments came the morning after he outlined plans to local union leaders about implementing targeted strikes at certain General Motors, Ford Motor and Stellantis plants, if agreements aren’t reached by Thursday.

“As it stands right now, all three are most likely to be struck unless we get a deal by Sept. 14 at midnight,” Fain said Wednesday to CNBC’s Phil LeBeau when asked whether Ford

 is the less likely to be struck. “All three are expected to deliver for their workers and if they don’t, there will be action.”

Targeted strikes refer to work stoppages only at certain plants, related to local contract issues that many, if not most, facilities have. That differs from national strikes where all union members exit plants, which occurred four years ago during the last round of negotiations with GM.

Fain said the UAW and automakers “have a lot of work” to do, but he believes the sides can reach contracts before the deadline.

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