Arms Deal | featured news

A phone call Friday morning with the Russian president confirmed the last outstanding details in the nuclear pact.

Taiwan has effectively dropped a request for U.S. submarines to help shore up the balance of power with political rival China, a military source said on Tuesday, dissolving what could be a new rift in tense Sino-U.S.

China has said it will impose unspecified sanctions on U.S. firms selling weapons to Taiwan in retaliation for the U.S. announcement that it planned to sell $6.4 billion of arms to Taiwan, which Beijing considers a breakaway province.

Taiwan said on Friday it would buy up to 20 military helicopters from a European manufacturer less than a week after Washington infuriated China by proposing a $6.4 billion arms deal for the island which Beijing claims as its own.

China said Saturday it had suspended military exchanges with the United States over Washington's $6.4-billion arms deal with Taiwan, the territory that Beijing claims as its own.