The EU’s new tariffs on U.S. exports, including tractors and shovel loaders, are surprising from a timing perspective but provide room for a reboot of relations with the incoming Biden administration. Chilean copper suppliers may win from the China-Australia trade war. Also: COVID-busting, consumer demand drive record high for U.S. shipping; Flowserve awaits 2021 recovery, rationalizes supply chain with China focus; Tupperware imports pack a punch at stay-at-home demand soars; Joe’s gentle reminder to Boris; expecting supply chains to enter bond after Brexit; and Pompeo pokes the dragon ...