White House says Iran 'backed down' to Trump in agreeing to ceasefire

Key Points:

• The White House claims Iran backed down to President Trump’s "red lines" by agreeing to a two-week ceasefire, with upcoming negotiations scheduled for Saturday in Islamabad led by U.S. officials including Vice President JD Vance and Jared Kushner.
• Despite Iranian state media reports, the U.S. denies accepting Iran’s original 10-point plan, labeling it unserious and stating a more reasonable, condensed proposal aligned with U.S. interests was later submitted privately.
• The ceasefire is described as fragile, with the primary negotiation focus on preventing Iran from enriching uranium to weapons-grade levels, a red line President Trump insists on maintaining.
• Trump suggested a potential "joint venture" with Iran to charge tolls for ships passing through the Strait of Hormuz, though immediate priority remains the strait’s complete and safe reopening without limitations.
• U.S. Defense Secretary Pete Hegseth emphasized that U.S. forces will remain in the region to ensure Iran complies with the truce, with options reserved to seize nuclear material if necessary.