‘Waste of time’: Trump cancels envoys’ trips to Pakistan for Iran talks

Former President Donald Trump has canceled planned trips by U.S. envoys to Pakistan aimed at facilitating discussions regarding Iran. This decision may impact diplomatic relations and negotiations surrounding Iran's nuclear program, potentially affecting geopolitical stability in the region. The cancellation could influence risk appetite among investors, particularly in emerging markets like Pakistan, which may see capital flows affected by perceived instability. Traders will be closely watching for any subsequent statements from the U.S. administration regarding its foreign policy direction, especially as tensions in the Middle East continue to evolve.

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