Trump says he is likely to reject Iran peace proposal as Tehran has 'not yet paid a big enough price'

Motorists make their way past an anti-U.S. billboard referring to President Donald Trump and the Strait of Hormuz, installed on a building at the Valiasr Square in Tehran on May 2, 2026. A senior Iranian military officer said on May 2 that renewed fighting between the U.S. and Iran was "likely," hours after President Donald Trump said he was "not satisfied" with a new Iranian negotiating proposal. - | Afp | Getty Images U.S. …