Pope Leo XIV will face many challenges in his time as leader of the Catholic Church, including how to counter Chinese oppression of faithful that was exacerbated following Vatican deal.

Cardinal Pietro Parolin, the current bookmakers' favorite to be the next pope, is facing renewed scrutiny over a deal he made with China seven years ago. The 70-year-old Vatican Secretary of State has long been in the running as a contender to replace Pope Francis as the head of the Catholic church,

The de-escalation provides both sides with breathing space to find a way to preserve trading ties that were threatening to grind to a halt.

The United States and China said Monday they have agreed a deal to slash reciprocal tariffs as the world's two biggest economies seek to end a trade war that has put financial markets on edge.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.

President Donald Trump closed a long-standing loophole that had allowed a flood of inexpensive Chinese goods to be mailed to the United States without any tariffs. Starting May 2, those packages faced a tariff