The US stepped back from the precipice in Iran. But what happens next? | Rajan Menon

The chasm between the two sides remains vast. A mega-deal remains the only path to averting a return to full-scale warDonald Trump styles himself as a peerless tough guy who never backs down. But he doesn’t always make good on his threats. Consider his demand that Denmark hand over Greenland, or his threats to hike tariffs on trade partners. He has even found ways to extend his deadlines for Tehran to reopen the strait of Hormuz, claiming, without evidence, that Iran was “begging” for a deal.On...