The White House announced on Sunday (May 11) that the United States and China will temporarily suspend or lift the import tariffs they imposed on each other in April, pending further negotiations on a trade agreement. But while the announcement offers long-awaited relief to businesses and has boosted market confidence, investors would be wise to curb their enthusiasm. Taking cues from his background in business, Trump uses tariffs as a bargaining chip, seemingly convinced that aggressive escalation will force US trading partners to offer significant concessions and enable him to declare a major political victory. But ... (full story)