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Trump Says Iran Proposal Is Unacceptable

Source
JH Kim

Summary

  • President Donald Trump said he cannot accept Iran’s proposal.
  • The US and Iran are continuing indirect talks while remaining divided over the nuclear program, sanctions and a maritime blockade.
  • ### Markets are focused on whether the talks advance, whether Middle East tensions ease, and whether a diplomatic solution can be reached.

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President Donald Trump said he cannot accept Iran’s proposal, underscoring the ongoing deadlock in negotiations.

Trump said May 3 that he had reviewed Iran’s offer but could not accept it, according to Walter Bloomberg.

“I looked at everything, but it is at a level that cannot be accepted,” Trump added.

The remarks were interpreted as a clear rejection of the proposal recently presented by Iran.

The US and Iran are continuing indirect talks through mediators, but differences persist over the nuclear program, sanctions and a maritime blockade.

Markets are watching for progress in the negotiations and for signs of easing tensions in the Middle East. How far the two sides can narrow their differences and whether they can reach a diplomatic solution remain key variables.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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