The Australian exemption from American metals’ tariffs likely hinged on the former buying of arms from the latter. The metals tariffs also overshadow slowing underlying growth at America’s ports. FTAs can help promote port activity, though CPTPP shows how complex passage can be. Also: South Korea’s arms export aspirations; analyses of traffic through the Panama Canal and Port of Virginia; improving American logistics employment; port-union talks in the U.S. restart; container rates’ rapidly reverse; China’s delayed steel reaction; and South Korea considers joining CPTPP.