At this time, Trump announced an extension of the ceasefire, then continued the maritime blockade against Iran. Even when Iran submits proposals and negotiations are completed, it still carries the "Trump style," with a familiar flavor and formula. Since Trump took office, this approach of threats, coercion, and pressure to force the other side to compromise and reach so-called cooperation has frequently occurred in negotiations.

The second round of US-Iran talks failed to proceed smoothly, and then the ceasefire was extended again. The market also had expectations; I mentioned yesterday that when fundamental issues arise between both sides, neither side will back down, especially since Iran has no trust in the US at all. Even if negotiations proceed smoothly, it would be a pure waste of time because a basic consensus cannot be reached.