US President Donald Trump says the latest Iranian peace proposal includes demands he ‘can’t agree to’.

Published On 2 May 2026

United States President Donald Trump has voiced frustration with Iran’s latest peace proposal, saying “they’re asking for things I can’t agree to”, and cautioning against ending the conflict too early, only for tensions to resurface “in three more years”.

At the same time, Washington has warned that ships paying tolls or fees to Iran to transit the Strait of Hormuz could face US sanctions, signalling a tougher stance on maritime activity linked to Tehran.

Meanwhile, a new Washington Post-ABC News-Ipsos poll shows 61 percent of Americans believe Trump’s use of military force against Iran was a mistake.

Here is what we know:

In Iran

• Fourteen soldiers were killed on Friday during operations to defuse unexploded ordnance in the northwestern Zanjan province, local media reported.
• Supreme Leader Mojtaba Khamenei urged his people to wage economic battle and “disappoint” its enemies, as the war with the US and Israel and years of sanctions take a toll.
• The Islamic Revolutionary Guard Corps (IRGC) Navy said it would enforce “new rules” over waters near its coast, aiming to turn them into a “source of security and prosperity” for the region.

War diplomacy

• The US Department of State imposed new measures on entities linked to Iranian petroleum exports, including China-based Qingdao Haiye Oil Terminal, accusing it of importing millions of barrels of sanctioned crude and enabling billions in revenue for Tehran. Beijing rejected the move as unlawful “unilateral sanctions”.
• The State Department said it cleared more than $8.6bn in military sales to Israel, Qatar, Kuwait and the United Arab Emirates.

In the US

• Trump said he was unhappy with Iran’s new proposal for peace talks, which Iran’s state news agency IRNA said was delivered via mediator Pakistan. “They’re asking for things that I can’t agree to,” he said.
• Analyst Sultan Barakat said Iran and the US are “really desperate” to end the war in a way that allows them to “save face”.
• Trump told top US lawmakers that hostilities in Iran had ended, after coming under pressure from Congress to seek authorisation for the conflict as it headed into its third month.
• The US Treasury Department slapped new sanctions on three Iranian foreign currency exchange firms to try to stem the flow of Tehran’s “financial lifelines”.
• The USS Gerald R Ford left the Middle East after taking part in operations against Iran, a US official said, according to reports. Two other aircraft carriers – the USS Abraham Lincoln and USS George HW Bush – are among 20 US ships still in the region.
• Mark Cancian of the Center for Strategic and International Studies said US military capability “has not changed” as Washington returns to its typical posture of two carrier groups.
• “The Ford carrier group had left the United States last June, and its deployment has been extended twice. The crew and the ship are tired, so the United States is sending the group home,” he added.

In Lebanon

• Lebanon’s Ministry of Public Health said 12 people were killed on Friday in Israeli strikes on the country’s south, including in a town where Israel’s army had issued a forced displacement order despite a ceasefire.
• Lebanon’s parliament speaker, Nabih Berri, said Israel is using the ceasefire as cover to intensify attacks.