Trump says he is ready for military action if Iran talks fail, Axios reports

July 27 (Reuters) - U.S. President Donald Trump said on Monday Washington was in "very deep talks with Iran" and warned that he is ready for "strong military action" if diplomacy failed. "Not much time. Either it goes fast or not at all," Trump told Axios when asked how long he was willing to give for talks. (Reporting by Bhargav Acharya in Toronto; Editing by Daphne Psaledakis)