The oil price rout will trim global trade activity, cut U.S. export growth, put China’s phase 1 trade deal commitments at risk and bring unwelcome volatility for the container lines. Trade policy is becoming more important in the Presidential race as primaries move to Michigan. Also: Valero, Phillips 66 lead Mexican oil exports as AMLO prepares for more; Costco coronavirus sales win may be followed by supply chain challenges; signs of COVID struggles as Taiwan, Vietnam gain at China’s expense in electronics; autos trade policy heads to court with bipartisan support; Japan-South Korea tal...