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Trump: Negotiations are hopeless, dissatisfied with the Iran deal
On May 24, Trump also stated that negotiations were "progressing in an orderly manner," with time on the U.S. side.
Just four days later, his wording sharply shifted to "hopeless negotiations," the most negative public statement since March.
Previously, the negotiation process was closely linked to market expectations, with a 21% chance of reaching an agreement by May 31 on Polymarket in early May.
This shift, combined with the tough rhetoric of the May 8 "strike action" and "warning of pain," suggests the negotiation window may be closing.
The key point is that Trump attributed the deadlock to "Iran's determination to reach an agreement," unusually portraying the U.S. as the obstacle, implying internal disagreements within the U.S. or on the negotiation terms themselves, rather than purely technical delays.
On May 28, U.S. President Trump stated during a cabinet meeting that Iran is very eager to reach an agreement, but the U.S. is currently dissatisfied with the deal.
Trump told reporters at the White House cabinet meeting: "Iran is very eager to reach an agreement, but it hasn't been achieved yet... We are not satisfied with it, but we will ultimately get a satisfactory result. If we can't reach an agreement, we may have to go back and finish the job." $BNB