President Trump said at a rally in Pennsylvania on Friday that he is going to double tariffs on steel imports from 25% to 50%. The hike, the president said, "will even further secure the steel industry in the United States.

U.S. Treasury Secretary Scott Bessent on Sunday reported "substantial progress" in U.S. talks with China's top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.

The US and China both reported “substantial progress” after two days of talks in Switzerland aimed at de-escalating a trade war, marking what Chinese Vice Premier He Lifeng called “an important first step” toward resolving differences.

Top US officials involved in high-level trade negotiations with China emerged from two days of talks touting “substantial progress” and appearing to confirm that a deal between the two countries had been reached,

China and the United States announced a truce in their trade war on Monday after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday.

WASHINGTON − Top Trump administration officials said they reached a trade agreement ... "China-US economic and trade consultation mechanism" and said both parties will "finalize the relevant ...

Hours after the US and China announced the truce, the White House said Washington will slash the tariff on small parcels from mainland China and Hong Kong. The so-called "de minimis" tariff on China shipments has been cut from 120 per cent to 54 per cent for small packages worth up to $800 (£606).

Tensions flared in Bolivia's administrative capital La Paz on Friday as supporters of former President Evo Morales gathered outside the electoral court, demanding his reinstatement as a candidate in this year's presidential race.

Tensions between Washington and China are boiling over once again after President Donald Trump accused the country What Trump said: “I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation,