The month of May will bring further corporate reports regarding the challenges from congested supply chains and rising raw materials costs. Firms reporting in the logistics sector include Maersk and Hapag-Lloyd while among industrials and consumer goods firms Deere, Foxconn and Nintendo will be closely watched. Steel may be the main focus for trade policy action. The EU is scheduled to extend its retaliatory duties against U.S. section 232 tariffs on steel and aluminum imports in June, potentially leading to a new deal during May. U.S. exports of products afflicted by the tariff exten...