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The Pentagon’s rush to rearm its Mideast forces makes it less ready to confront potential adversaries like Russia and China, administration and congressional officials say.
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The conflict has morphed into a volatile standoff in the Strait of Hormuz, as the economic costs mount and President Trump faces a political backlash at home.
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China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
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The Navy secretary, John Phelan, was supposed to deliver the first of the president’s ships by 2028. The timeline was nearly impossible.
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The president touched off a furor with his post sharing a podcast episode in which the host referred to China and India as “hellhole” places.