President Biden’s first 100 days have set the stage for a restructuring of U.S. supply chains including onshoring and decarbonization. CMA CGM’s latest surcharge risks drawing the ire of the Federal Maritime Commission. Also: India’s oxygen emergency requires steel export reductions; Mitsubishi, Honda plan for chip supply chain challenges in May; EU Parliament approves U.K. trade deal, but Brexit uncertainties remain; tough USMCA, steel conversations ahead; and China reshuffles steel barriers to keep a lid on prices.