US President Donald Trump said he expects the United States to secure a “great deal” with Iran to end the ongoing conflict, while making clear he does not intend to extend a ceasefire set to expire on Wednesday, CNBC reported.

Speaking in an interview with US media, Trump expressed confidence in the outcome of negotiations, saying, “We’re going to end up with a great deal. I think they have no choice… We’re in a very, very strong negotiating position,” Trump told CNBC.

He reiterated US military gains, stating, “We’ve taken out their navy, we’ve taken out their air force, we’ve taken out their leaders,” and described the situation as effectively resulting in regime change.

“It is regime change, no matter what you want to call it,” he said, adding that past US administrations should have acted “47 years ago.”

Trump also signalled that pressure on Iran would continue until a final agreement is reached.

“We will not lift the blockade until a final deal is done,” he said, stressing that Tehran “will have to talk.”

Despite the ongoing diplomatic efforts, Trump ruled out extending the current truce. “I don’t want to do that,” he said when asked about prolonging the ceasefire.

He suggested that a deal could ultimately strengthen Iran, noting that an agreement would allow the country to become “a strong nation again.”

President Trump said US forces intercepted a ship carrying a “gift” to Iran from China as Tehran tries to restock its military during a ceasefire period.

The ship had “a gift from China” which “wasn’t very nice,” Trump told CNBC.

“I was a little surprised,” he added, saying he thought he had an “understanding” with China’s President Xi Jinping.

A week ago, Trump announced that Xi had assured him there would be no Chinese weapons deliveries to Iran, a close partner with Beijing for years.

Trump warned that military action could resume if talks fail, underscoring the fragile nature of the ceasefire and uncertainty surrounding efforts to reach a negotiated settlement.