Trump tariff delay trade is back, sending U.S. markets up on EU reprieve—but it ‘doesn’t pay like it used to’

Investors forgot about their debt and deficit fears—if only for a moment—on Tuesday. Rested and recharged after their Memorial Day barbeques and, more importantly, happy over U.S. President Donald Trump’s Sunday announcement that he would delay a threatened 50% tariff on EU goods until July 9 to…