US Envoy Explains Trump's Rejection of Iran's Truce Proposal

US President Donald Trump rejected Iran's new truce plan, with US Ambassador to the UN Mike Waltz saying Tehran demanded excessive concessions—including lifting a naval blockade and sanctions—just to start talks. Trump dismissed the offer, claiming Iran was losing badly. Waltz told NBC that Iran sought removal of the naval blockade, sanctions relief, and access to frozen assets upfront, calling it a "cynical attempt" with unacceptable terms. He noted Trump lacks confidence in Tehran after recent failed efforts, but left all options open for a future arrangement. Iranian Foreign Minister Abbas Araghchi defended the plan as a demand for rights, not new conditions, and expressed pessimism about re-engaging with Washington. Trump told Axios he expects negotiations to resume soon, but insisted the proposal was not one he would accept.