Tehran, May 12 -- Iran on Tuesday warned that Tehran is "still holding the trigger and waiting for a negotiated settlement", hours after US President Donald Trump said the ceasefire stands on "life support".

Calling Iran's 14-point peace proposal "a piece of garbage", Trump has said, "They (Iran) are on life support. The ceasefire is on massive life support."

An Iranian government spokesperson Fatemeh Mohajerani characterised the country's military posture as one of guarded readiness. "We fought the world's greatest military power for 40 days, and we are still holding the trigger and waiting for a negotiated settlement," she was quoted as saying by the Iranian Students' News Agency (ISNA).

Following 40 days of severe military engagemen...