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Mike Pompeo on May 31, 2019 in Berlin. Photo: Sean Gallup/Getty Images

Secretary of State Mike Pompeo said on Sunday the Trump administration is willing to talk to Iran "with no preconditions," but that the U.S. does not currently plan to end sanctions or other forms of its maximum pressure campaign against the Islamic Republic, the AP reports.

Why it matters: Tensions between Iran and the U.S. have been ratcheting up for weeks, with military intervention briefly on the table at the direction of national security adviser John Bolton. Trump, however, says he opposes war and has long favored direct negotiations with leaders of belligerent countries, such as North Korea. Pompeo appears to have fallen in line with Trump's view and is currently meeting with the foreign minister of Switzerland, which has represented U.S. interests and diplomacy in Iran in the past.

The other side: Iran President Hassan Rouhani said on Saturday that the country would be willing to talk to the U.S. if it showed some "respect," but that Iran would not be "bullied" into negotiations, Reuters reports. The UN's atomic watchdog also said Saturday that Iran remains in compliance with the terms of the 2015 nuclear deal from which Trump withdrew the U.S., but raised red flags for the first time about its increased centrifuge activity.

Go deeper: Read Axios' special report on the multiplying global threats the U.S. faces

Go deeper

Updated 15 mins ago - Politics & Policy

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Illustration: Aïda Amer/Axios

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  3. World: Biden will order U.S. to rejoin World Health OrganizationBiden to bring U.S. into global COVAX initiative for equitable vaccine access.
  4. Vaccine: Amazon offers to help Biden administration with COVID vaccine efforts.
Dion Rabouin, author of Markets
2 hours ago - Economy & Business

First glimpse of the Biden market

Photo: Jonathan Ernst-Pool/Getty Images

Investors made clear what companies they think will be winners and which will be losers in President Joe Biden's economy on Wednesday, selling out of gun makers, pot purveyors, private prison operators and payday lenders, and buying up gambling, gaming, beer stocks and Big Tech.

What happened: Private prison operator CoreCivic and private prison REIT Geo fell by 7.8% and 4.1%, respectively, while marijuana ETF MJ dropped 2% and payday lenders World Acceptance and EZCorp each fell by more than 1%.

Mike Allen, author of AM
2 hours ago - Politics & Policy

Biden-Harris, Day 1: What mattered most

President Joe Biden and first lady Dr. Jill Biden arrive at the North Portico of the White House. Photo: Alex Brandon-Pool/Getty Images

The Axios experts help you sort significance from symbolism. Here are the six Day 1 actions by President Biden that matter most.

Driving the news: Today, on his first full day, Biden translates his promise of a stronger federal response to the pandemic into action — starting with 10 executive orders and other directives, Caitlin Owens writes.