Trump claimed a peace deal with Iran was imminent over the weekend, but the U.S. launched strikes against Iran on Monday as negotiations stalled over nuclear uranium disposal and other core issues. David Sanger and Tyler Pager explain the dramatic reversal and why both sides are suffering economically from the conflict. Trump's proposed deal merely reopens the Strait of Hormuz and delays substantive negotiations on Iran's nuclear and missile programs, kicking harder issues down the road for months.