President Donald Trump on Monday said the latest proposal for a U.S. ceasefire with Iran is "significant" but "not good enough."
"They made a proposal, and it's a significant proposal. It's a significant step," Trump told reporters on the White House South Lawn during the traditional Easter Egg roll event.
"It's not good enough, but it's a very significant step," he said, adding, "They're negotiating now, and they've made a very significant step. We'll see what happens."
Trump is set to lead a press conference at the White House at 1 p.m. ET.
The comments came after a White House official told CNBC that Trump has not backed an idea for a 45-day ceasefire that is reportedly in discussion among the two warring nations and regional mediators as of Sunday night.
The ceasefire is being floated as a last-ditch effort ahead of Trump's upcoming deadline for Iran to either reopen the Strait of Hormuz or else face major attacks on its civilian infrastructure.
In a profanity-laced social media threat on Sunday, Trump warned the U.S. would begin strikes on Iranian bridges and power plants unless Tehran agreed to "Open the F----- Strait" by Tuesday night.
The 45-day proposal could lead to an end to the five-week-old war, Axios first reported Sunday evening, citing sources with knowledge of the talks.
But a White House official, speaking on condition of anonymity, told CNBC on Monday morning, "This is one of many ideas, and [Trump] has not signed off on it."
"Operation Epic Fury continues," the official said, noting Trump "will speak more at 1pm" ET.
Trump's belligerent Truth Social threat that Tuesday "will be Power Plant Day, and Bridge Day, all wrapped up in one" showed him tacitly extending a previously imposed 10-day pause on attacks, which was set to expire Monday.
In a separate post Sunday night, Trump said the new deadline is 8 p.m. ET on Tuesday.
This is developing news. Please check back for updates.
