{"id":897643,"date":"2026-04-08T08:12:17","date_gmt":"2026-04-08T13:12:17","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/08\/markets-cheer-as-trump-says-hes-in-heated-negotiations-over-a-new-pakistani-two-week-ceasefire-plan\/"},"modified":"2026-04-08T08:12:17","modified_gmt":"2026-04-08T13:12:17","slug":"markets-cheer-as-trump-says-hes-in-heated-negotiations-over-a-new-pakistani-two-week-ceasefire-plan","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/08\/markets-cheer-as-trump-says-hes-in-heated-negotiations-over-a-new-pakistani-two-week-ceasefire-plan\/","title":{"rendered":"Markets cheer as Trump says he\u2019s in \u2018heated negotiations\u2019 over a new Pakistani two-week ceasefire plan\u00a0"},"content":{"rendered":"<div>\n<p>President Donald Trump said he was in \u201cheated negotiations\u201d to extend his self-imposed 8 p.m. Tuesday deadline for Iran to reopen the Strait of Hormuz after Pakistan\u2019s prime minister made a plea in an 11th-hour attempt to stop the U.S. bombing of Iranian infrastructure.\u00a0<\/p>\n<div>\n<p>Asked if he would grant the extension request of two weeks, Trump <a aria-label=\"Go to https:\/\/x.com\/JacquiHeinrich\/status\/2041605565789454658\" href=\"https:\/\/x.com\/JacquiHeinrich\/status\/2041605565789454658\">told Fox News<\/a> in a phone interview: \u201cI can\u2019t tell you, because right now we\u2019re in heated negotiations.\u201d<\/p>\n<p>He did add that he and Pakistani Prime Minister Shehbaz Sharif, who is mediating between the U.S. and Iran, are in talks: \u201cI can say this\u2014that I know him very well. He\u2019s a highly respected man, all over.\u201d<\/p>\n<div>\n<p>Just an hour earlier, Sharif made a last-minute call to Trump, requesting the U.S. reconsider targeting Iranian power plants and bridges, the latest of Trump\u2019s threats to Iran as the war enters its sixth week.<\/p>\n<p>\u201cDiplomatic efforts for peaceful settlement of the ongoing war in the Middle East are progressing steadily, strongly, and powerfully with the potential to lead to substantive results in near future,\u201d the prime minister <a aria-label=\"Go to https:\/\/x.com\/CMShehbaz\/status\/2041596151108137363\" href=\"https:\/\/x.com\/CMShehbaz\/status\/2041596151108137363\">said<\/a> in a post on <a aria-label=\"Go to https:\/\/fortune.com\/company\/twitter\/\" target=\"_blank\" href=\"https:\/\/fortune.com\/company\/twitter\/\">X<\/a>. \u201cTo allow diplomacy to run its course, I earnestly request President Trump to extend the deadline for two weeks.\u201d<\/p>\n<\/div>\n<p>White House Press Secretary Karoline Leavitt said in a statement that Trump \u201chas been made aware of the proposal, and a response will come,\u201d according to <a aria-label=\"Go to https:\/\/fortune.com\/company\/fox\/\" target=\"_blank\" href=\"https:\/\/fortune.com\/company\/fox\/\">Fox<\/a> News.<\/p>\n<p>This back and forth call for negotiations has caused the markets to rally late Tuesday afternoon. The diplomacy came after Trump threatened on social media to wipe out Iran\u2019s \u201cwhole civilization,\u201d a post that prompted Iranian mediators to briefly halt participation in talks, <a aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2026-04-06\/stock-market-today-dow-s-p-live-updates?srnd=homepage-americas\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-06\/stock-market-today-dow-s-p-live-updates?srnd=homepage-americas\">Bloomberg reported<\/a>, citing a person familiar with the matter. A senior White House official downplayed the move and said legitimate negotiations were continuing.<\/p>\n<p>Markets cheered on the headlines. The S&#038;P 500 erased a 1.2% intraday decline to close up, while Brent crude slid to as low as $104.50 after settling near $109. West Texas Intermediate barely fell, however, only 0.4% to $111.93 a barrel.<\/p>\n<\/div>\n<div>\n<p><span data-cy=\"description\"><strong>The Fortune 500 Innovation Forum<\/strong> will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what\u2019s next for the American economy, <strong>Nov. 16-17 in Detroit. <a href=\"https:\/\/conferences.fortune.com\/d7vV40?utm_source=Plea%2520Links&#038;utm_campaign=F500%2520Innovation&#038;utm_medium=fortune&#038;RefId=Plea\">Apply here<\/a>.<\/strong><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/fortune.com\/2026\/04\/07\/trump-reviewing-pakistani-ceasefireplan-strait-hormuz-markets-brent-crude-oil-price\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Eva Roytburg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump said he was in \u201cheated negotiations\u201d to extend his self-imposed 8 p.m. Tuesday deadline for Iran to reopen the Strait of Hormuz after Pakistan\u2019s prime minister made a plea in an 11th-hour attempt to stop the U.S. bombing of Iranian infrastructure.\u00a0 Asked if he would grant the extension request of two weeks<\/p>\n","protected":false},"author":1,"featured_media":897644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30308,386],"tags":[],"class_list":{"0":"post-897643","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cheer","8":"category-markets"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/897643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=897643"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/897643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/897644"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=897643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=897643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=897643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}