A China-funded steel plant in Bolivia, long in planning, is set to commence production this month, covering half of Bolivia's steel needs. The $546m (3.97bn yuan) Mutun plant, funded by the Export-Import Bank of China,

A China-funded steel plant in Bolivia first planned half a century ago is set to start production this month with enough output to cover half the country's needs, according to Bolivian officials. The $546-million Mutun plant was largely funded by the Export-Import Bank of China,

President Donald Trump on Tuesday signed proclamations to restore a 25% tariff on steel imports and to elevate the current tariff of 10% on aluminum imports to 25%. Trump has long complained about foreign nations — often subsidized by their governments,