EMERGING MARKETS-Latam stocks rally as U.S.-China strike initial trade deal

Latin American markets rose on Friday as investors welcomed a limited U.S.-China trade deal, and as U.S. President Donald Trump said Washington would suspend tariffs on Chinese imports scheduled to take effect on Sunday. China and the United States have agreed on the text of a "phase one" trade deal, Beijing said on Friday, agreeing also to step up purchases of U.S. agricultural products in a major step forward