Trump says Iran ceasefire is on 'life support'

U.S. President Donald Trump on Monday said the Iran ceasefire is on “life support” after rejecting Tehran’s latest proposal, which officials said included some nuclear concessions. Trump also proposed suspending the federal gas tax to help with higher fuel prices caused by the war.

The stalled diplomacy and recent exchanges of fire could tip the Middle East back into open warfare and prolong the worldwide energy crisis sparked by the conflict. Iran still has a chokehold on the Strait of Hormuz, a vital waterway for global oil and gas shipments, and America is blockading Iranian ports.

Asked at the White House if the ceasefire was still in effect, Trump said it’s on “life support.”

“I would call it the weakest right now after reading that piece of garbage they sent us,” Trump added. “I didn’t even finish reading it.”

Trump also said he supported a suspension of the federal tax on gasoline — just over 18 cents per gallon and 24 cents for diesel. Congress, which is controlled by Republicans, would have to approve. The tax brings in more than $23 billion each year.

His pledge came after fuel prices surged past $4.50 a gallon last week. Trump predicted that the price of oil and gas would drop “like a rock” as soon as hostilities are over.

Trump has demanded a major rollback of Iran’s nuclear activities, while Iran is pushing for a more limited agreement that would reopen the strait and lift the blockade ahead of further negotiations.

On Monday, Trump claimed that Iran had said it would allow the U.S. to come in and help extract its highly enriched uranium but went back on that in its latest ceasefire proposal. “They changed their mind because they didn’t put it in the paper,” he said.