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Trump cancels Iran peace talks, citing US leverage

Trump cancels Iran peace talks, citing US leverage

President Donald Trump unilaterally canceled a diplomatic trip to Pakistan for Iran peace talks, stating the U.S. holds 'all the cards' and Iran's leaders can call anytime. Correspondent Matt Finn reports on the stalled negotiations, while retired Navy Captain Brent Sadler discusses escalating U.S. military deployments to the Strait of Hormuz and new economic sanctions targeting nearly 40 entities in Iran's oil network in China.