The port strike is over. Here’s what happens next.

New York (CNN) —& It took only three days for one side to blink and the potentially crippling strike at the United States’ East and Gulf Coast ports& to come to an end, with likely only limited damage to America’s economy.Members of the International Longshoremen’s Association, the union representing 50,000 members covered under the contract with the United States Maritime Alliance, were& back on the job& early Friday after the two sides reached an agreement on the key dispute in the strike that started early Tuesday – the scale of wage increases.The work stoppage had threatened to disrupt supply chains, causing shortages of some consumer goods and supplies needed to keep US factories running. It also temporarily cut off the flow of many American exports, putting overseas sales at risk& for some US businesses.But relatively little damage was done, with the strike lasting only three days, especially since many shippers had rushed to move their goods through the ports ahead of the 12:01 am Tuesday start of the strike, a deadline that had been known for months.What’s in the dealThe maritime alliance, which operates under the acronym USMX, agreed to raises of $4 an hour for the union members on...