US President Donald Trump has invoked the Defence Production Act in a bid to bolster weapons stockpiles that critics say have been strained by the war in Iran and other conflicts.
This came as Chinese Foreign Minister Wang Yi held a telephone call with his Pakistani counterpart on Tuesday during which they spoke about the memorandum of understanding between the US and Iran.
That MOU, announced on Sunday with few details, aims at ending the 109-day war started by Trump and Israeli Prime Minister...
A senior US official on Monday said that President Donald Trump and Vice-President J.D. Vance had signed the memorandum of understanding electronically with Iran to formally reopen the Strait of Hormuz and end the American blockade of Iranian ports.
The official also claimed Iranian Parliament Speaker Mohammad Bagher Ghalibaf signed the document on Tehran’s behalf.
Trump “wanted to sign it personally because he wanted to show his dedication to the process and dedication to seeing this through to...