Trump named Vice President Vance chief Iran negotiator and said he will take credit for success and blame Vance for failure.

The memorandum defers Iran’s nuclear programme, Hormuz, and proxy support to 60-day follow-on talks, none resolved.

Vance cancelled his Switzerland trip; talks have no restart date and Iran’s arsenal remains intact.

Sources: Dawn, Al Jazeera Online, Asharq Al-Awsat English