U.S. exports to China fell less than its imports in February, indicating the U.S. was “winning” the trade war – most of the U.S. gains were down to soybeans and Tesla’s electric cars. The ITC review of USMCA raises tough questions for Daimler and VW’s supply chains. Also: canal competition continues as Panama relaxes its beam restrictions; Saudi weapons order shortage has yet to cut U.S. deliveries; shipbuilding’s still sinking at the start of 2019; Ryder’s loss is Manzanillo’s gain as border disruptions continue; and Kansas City learns a disruptive lesson from teachers’ strike.