FedEx saw another decline in its profitability in the latest fiscal quarter and faces two sets of China risks from declining trade and the risk of being declared an “unreliable entity”. Hasbro has warned wider tariffs could actually hinder its relocation to the U.S. Also: Shell and Cheniere are well positioned to deliver President Lopez-Obrador’s commitments to reduce power outages in Mexico; Maersk spots an opportunity to chase CMA-CGM’s service innovations; Tesla, Daimler follow legalistic road to tariff mitigation; most coordinated export downturn since 2012 is more evidence for trade...