Trump Says U.S.-Iran Ceasefire on Massive Life Support After Rejecting Tehran Counterproposal

President Trump said Monday that the U.S. ceasefire with Iran is on “massive life support” after he rejected Tehran’s latest counterproposal to end the war.

Trump told reporters in the Oval Office, “I would call it the weakest right now, after reading that piece of garbage they sent us — I didn’t even finish reading it.”

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Axios reported that Trump is meeting with his national security team Monday to discuss the way forward in the Iran war, including possibly resuming military action, after negotiations deadlocked Sunday.

Axios also said U.S. officials expect Vice President JD Vance, White House envoy Steve Witkoff, Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, chairman of the Joint Chiefs of Staff Gen. Dan Caine, and CIA Director John Ratcliffe to participate in the meeting.

The CBS News live updates said Trump called the ceasefire “on life support” after Iran’s response to the latest U.S. peace proposal, and it noted the Iranian government insists it demanded only the country’s “legitimate rights” and no “concessions.”

Iran’s parliament speaker Mohammad Bagher Ghalibaf urged the U.S. to accept Iran’s proposal, writing on social media, “There is no alternative but to accept the rights of the Iranian people as laid out in the 14-point proposal.”

CBS News also said Iran’s parliament speaker warned that “The longer they drag their feet, the more American taxpayers will pay for it.”

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CBS News reported that ahead of Trump’s Beijing visit, the U.S. issued sanctions on 12 individuals and entities that it said facilitated the sale and shipment of Iranian oil to China.

In a statement, the U.S. Treasury alleged that Iran’s Islamic Revolutionary Guard Corps “relies on front companies in permissive economic jurisdictions to obfuscate its role in oil sales and funnel the revenue to the Iranian regime.”

Axios said Trump publicly threatened several times in recent days to bomb infrastructure in Iran if diplomacy failed, and it reported that Iran’s state TV said Tehran rejected the U.S. proposal as “meant Iran's surrender to Trump's excessive demands.”

Axios said one option Trump is considering is resuming “Project Freedom,” the U.S. operation to guide ships through the Strait of Hormuz, which was suspended last week.

Axios also said another option is to resume the bombing campaign and strike the 25% of targets the U.S. military identified but hasn’t hit yet.

The Guardian reported that Trump called off Project Freedom after little more than two days, and it said the plan met resistance from Saudi Arabia, which said it would not allow its airspace or bases to be used to support something it regarded as escalatory.

The Guardian added that the impasse will cast a shadow over Trump’s summit with Chinese president Xi, Jinping, which starts in Beijing on Thursday, and it said China has deep economic ties to Iran.

CBS News said Trump is expected to encourage China to pressure Iran into making a deal to end the costly war during his visit to Beijing later this week, when he will meet with President Xi Jinping.