Federal Reserve Bank of Chicago President Austan Goolsbee said Monday he would be worried about a prolonged union strike on the East and Gulf coasts — which is expected to start early Tuesday — potentially impacting supply chains in an inflationary way.

Federal Reserve Bank of Chicago President Austan Goolsbee said he’d be concerned if a dockworkers strike — which is expected to start Tuesday — drags on as it may impact supply chains.

A strike by the NJ-based International Longshoremen's Association would dramatically upend the supply chain for billions of dollars of consumer goods.

U.S. ports from Maine to Texas could shut down Tuesday if a union representing about 45,000 dockworkers carries through with a threatened strike. A lengthy shutdown could raise prices on goods around the country and potentially cause shortages and price increases at big and small retailers alike as the holiday shopping season — along with a tight presidential election — approaches.