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'Don't have that much time': Trump says ceasefire won't be extended, US military 'raring to go' if Iran fails to reach deal

'Iran can get themselves at a very good footing. If they make a deal, they can make themselves into a strong nation again, a wonderful nation again,' said Donald Trump

President Donald Trump checks his watch | Reuters [file]

With the two-week ceasefire deal between Washington and Tehran set to expire on Wednesday, US President Donald Trump ruled out extension of the truce.

Trump said the US is in a strong negotiating position and would end with a "great deal". When asked about potential extension of ceasefire, Trump told CNBC's Squawk Box: "I don't want to do that. We don't have that much time."

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"They have to negotiate. And, you know, the one thing I’ll say is this: Iran can get themselves at a very good footing. If they make a deal, they can make themselves into a strong nation again, a wonderful nation again," the President said.

Pointing out that Iran is led by "very, very, unfortunately tough" people, Trump said, "I don’t mean tough in a good way. I think it’s very negative for the country."

If the two sides fail to reach a deal in Islamabad, Trump said the US will resume attacks on Iran.

"I expect to be bombing because I think that’s a better attitude to go in with. But we’re ready to go. I mean, the military is raring to go," he said.

Earlier, Trump warned that "lots of bombs will start going off" if there is no agreement before the ceasefire deadline.

On the other hand, Iran's chief negotiator and parliament speaker Mohammad Bagher Ghalibaf said Tehran has "new cards on the battlefield" that have not been revealed. "We do not accept negotiations under the shadow of threats," he posted on X.

President Masoud Pezeshkian on Monday said Tehran would use every rational and diplomatic path to reduce tensions with the Washington, but asserted that vigilance and distrust in interactions with Washington were an "undeniable necessity", reported the state news agency IRNA.