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Trump Sets Iran Deadline, Praises China's Restraint; Signals More Diplomacy Ahead

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US President Donald Trump said Friday that Iran has 60 days to reach an agreement, warning that a failure to do so could disrupt oil flows through the Strait of Hormuz.

Trump made the remarks at Joint Base Andrews in Maryland as he unveiled a Boeing 747 gifted by Qatar that will join the Air Force One fleet.

"... we have an agreement that was signed last night, and it's 60 days, we have to make a deal otherwise we will do things that won't make them happy," Trump said.

However, Trump said he expects negotiations with Iran to succeed, adding, "...I don't think it's going to get to that. I think it's going to be very good."

"You're not going to have the oil flowing out of the Strait of Hormuz too quickly because people that own billion dollar ships don't love missiles flying over them, don't love mines all over the water," Trump added.

The US president noted that shipping flow had resumed through the strait. "Those ships are flowing out of the Hormuz Strait like nobody's ever seen before. Actually, there were a lot of them, about 700 of them, and they're pouring out."

He added that oil prices will also plunge. "The oil is all over the place. You're going to see oil drop so low."

Trump said he also urged China to avoid involvement in the conflict despite its reliance on oil shipments moving through the strategic waterway.

"They get 50 percent of their oil from the Strait, but I asked him not to get involved, and he said he wouldn't, and he didn't," Trump said.

Trump also outlined upcoming foreign travel plans, saying, "We'll be going to Turkey. We'll be going, at some point during the year, back to China," and added that Xi is expected to visit the US in September before a separate conference in China later this year.

The president also pointed to recent US military actions against Iran while discussing the administration's position in the region.

"We have the greatest military in the world. You saw that in Iran, in one week, virtually, we knocked out their entire navy, their entire air force, their radar. We wiped out everything," Trump said.

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