Fedex saw weak volumes in Asia last quarter but expects improvements in Europe this quarter – the data shows global trade is slowing. Vietnam’s exports to the U.S. are soaring, suggesting it is winning at China’s expense. Also: the Mexico-Brazil autos free trade deal provides Ford and GM with alternatives outside USMCA; Houston has a problem as traffic drops, fire rages; Fabricated steel case may build up USMCA risks; keep holding your breath, but “no-deal” Brexit risk has risen; Trump’s demand that China lives by the deal may kill the deal; all is not lost for the shipping alliances, if...