Iran and the U.S. at an impasse after Trump rejects ‘totally unacceptable’ proposal

Iran warIran and the U.S. at an impasse after Trump rejects ‘totally unacceptable’ proposalTehran insisted Monday that its latest offer was “reasonable and generous” as the deadlock raised the threat of renewed conflict and left the global economy imperiled by the standoff over the Strait of Hormuz.Listen to this article with a free account00:0000:00Add NBC News to GoogleTrump Calls Iran’s Response to US Peace Proposal ‘Unacceptable’01:59Get more newsLiveonShareAdd NBC News to GoogleMay 11, 2026, 7:35 AM EDT / Updated May 11, 2026, 7:41 AM EDTBy Alexander SmithNegotiations deadlocked and a ceasefire on a precipice.Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.That appeared to be the situation Monday between the United States and Iran, with both sides labeling each other’s peace proposals unacceptable after exchanging fire over the weekend.That impasse raised the threat of renewed conflict and left the global economy imperiled by the standoff over the Strait of Hormuz, a tense backdrop for President Donald Trump’s state visit this week to China.Oil prices rose early Monday, with the Brent Crude international benchmark above $103 a barrel, as Tehran insisted its latest offer was “reasonable and generous” hours after Trump dismissed it as “totally unacceptable.”A woman holds the Iranian flag as she stands in front of an anti-U.S. billboard on a building at Valiasr Square in Tehran on Sunday.Atta Kenare / AFP via Getty ImagesThe Iranian Foreign Ministry accused the U.S. of “one-sided views” and “making unreasonable” and “excessive demands,” spokesman Esmail Baghaei told a news conference. “Everything we proposed,” he said, was “reasonable and generous not only for Iran’s national interests, but also for the good and well-being of the region and the world.”That came after Trump’s assessment on Sunday that the response was “TOTALLY UNACCEPTABLE!”“I have just read the response from Iran’s so-called ‘Representatives,’” T...