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Fortune
Fortune
Eva Roytburg

Markets cheer as Trump says he’s in ‘heated negotiations’ over a new Pakistani two-week ceasefire plan

US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC. ( (Credit: SAUL LOEB—AFP/Getty Images)

President Donald Trump said he was in “heated negotiations” to extend his self-imposed 8 p.m. Tuesday deadline for Iran to reopen the Strait of Hormuz after Pakistan’s prime minister made a plea in an 11th-hour attempt to stop the U.S. bombing of Iranian infrastructure. 

Asked if he would grant the extension request of two weeks, Trump told Fox News in a phone interview: “I can’t tell you, because right now we’re in heated negotiations.”

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