The Trump administration has declared Vietnam and Switzerland to be currency manipulators, opening the prospect of tariffs against Vietnamese imports and leaving some tough choices for President-elect Biden. Retail sales growth has slowed but imports are booming. Also: Toyota, Daimler show adaptations to U.S. steel tariffs; FedEx on long growth runway with supply chain growth set to follow e-commerce boom; Panjiva Insights – what to watch for U.S. trade policy under the Biden administration; U.K. freight border tunnel and ferries closed due to novel SARS variant; anything EU can complain...