Trump ups pressure on Iran talks, signals strikes if no deal; flags Fed cuts, slams tariff ruling

2026 04 06t183942z 967124925 rc2ujkawpd4s rtrmadp 3 iran crisis usa trump 2026 04 984bdeab216acd54bd
US President Donald Trump has signalled a hardening stance on Iran, warning that military action could resume if ongoing negotiations fail to deliver a deal quickly.

In an interview with CNBC, Trump said he does not want to extend the current ceasefire and stressed that Washington is operating from a position of strength. “We don’t have that much time,” he said, adding that the U.S. military is prepared to act if talks stall.

The comments come as negotiations with Tehran hang in the balance ahead of a looming deadline, with both sides sending mixed signals on participation in talks expected in Pakistan.
Trump maintained that recent military operations have significantly weakened Iran, strengthening Washington’s leverage at the negotiating table. He indicated that while a deal remains possible, the US is prepared for escalation if required.

Beyond geopolitics, Trump also weighed in on domestic economic policy, reiterating his push for lower interest rates. He said he would be “disappointed” if his nominee for Federal Reserve Chair, Kevin Warsh, does not move quickly to cut rates after taking office.

The President also criticised the US Supreme Court’s decision to strike down parts of his tariff regime, which has forced the administration to refund billions of dollars to importers. The ruling has disrupted his trade strategy and added complexity to ongoing negotiations with multiple partners.

Trump further questioned cost overruns in the Federal Reserve’s building renovation project, calling the escalating expenses “crazy” and demanding greater accountability.

His remarks come at a time of heightened global uncertainty, with tensions in West Asia keeping oil markets volatile and influencing inflation expectations worldwide.

Taken together, the interview underscores a dual strategy—maintaining pressure on geopolitical adversaries while pushing for looser monetary policy at home—even as markets navigate an increasingly fragile global backdrop.