The U.S. is allowing ships to enter and exit Iranian ports and coastal areas as the countries move to a new phase of negotiations over the next 60 days.

The Trump administration wants to jumpstart student loan repayment, with federal student loan debt approaching $2 trillion.

Here is the text of the memorandum of understanding that was signed Wednesday by President Trump and Iranian President Masoud Pezeshkian, as well as Pakistan's prime minister.