Markets cheer as Trump says he’s in ‘heated negotiations’ over a new Pakistani two-week ceasefire plan 

President Donald Trump said he was in “heated negotiations” to extend his self-imposed 8 p.m. Tuesday deadline for Iran to reopen the Strait of Hormuz after Pakistan’s prime minister made a plea in an 11th-hour attempt to stop the U.S. bombing of Iranian infrastructure. 

Asked if he would grant the extension request of two weeks, Trump told Fox News in a phone interview: “I can’t tell you, because right now we’re in heated negotiations.”

He did add that he and Pakistani Prime Minister Shehbaz Sharif, who is mediating between the U.S. and Iran, are in talks: “I can say this—that I know him very........

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