After rejecting Iran’s counterproposal to end the war, President Trump cautioned that the ceasefire between the two sides is on “massive life support.” Trump is also set to meet with his national security team later today to discuss the next steps, which include a potential renewal of military strikes, U.S. officials told Axios.
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Trade QQQ with leverageOver the weekend, Iran rejected a U.S. memo to end the war and issued its own plan, which Trump characterized as “totally unacceptable.”
Trump Weighs Military Pressure As Iran Talks Stall
The officials added that Trump is starting to favor some kind of military action in order to pressure Iran into accepting the terms laid out by the U.S. The future of Iran’s stockpile of enriched uranium remains a key sticking point between the two countries.
Furthermore, Trump is considering restarting “Project Freedom,” the U.S. effort to guide ships through the Strait of Hormuz, which was suspended last week. However, any action could be put on hold ahead of Trump’s trip to China this week.