U.S. and Iran expected to have 60 days to reach deal upon letter of intent signing
Summary
The United States and Iran are expected to have 60 days to reach a formal deal after signing a letter of intent. President Donald Trump announced that planned military strikes against Iran were canceled, and a peace agreement has been made.Key Facts
- The U.S. and Iran signed a letter of intent to start negotiations.
- Both sides have 60 days to finalize a deal.
- President Trump canceled planned strikes against Iran.
- The announcement came just hours before the attacks were to happen.
- A peace agreement between the U.S. and Tehran has been reached.
- CBS News reporters provided updates on the situation.
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