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From The New York Times, it's The Headlines.

I'm Traci Mumford.

Today's Friday, May 8th.

Here's what we're covering.

President Trump says that the ceasefire between the U.S.

and Iran is still in effect, even after the two countries exchanged fire in the Strait of Hormuz yesterday.

The president followed his comments up with the threat of more attacks, saying Iran, quote, better sign their agreement fast.

He was referring to a new deal that's on the table.

It's a proposal from the U.S.

that would reopen the Strait of Hormuz and end fighting for 30 days, while the countries work toward a more comprehensive long-term agreement.

The temporary deal does not address the key points of the conflict, like the future of Iran's nuclear program, which have stalled all the previous negotiations.

Recently, President Trump has been making efforts to minimize the ongoing hostilities, calling them a trifle, a skirmish, and a mini-war, as the conflict has proved to be deeply unpopular with the American public and increasingly expensive.

Even some Republicans in Congress have been growing impatient.

Yesterday, Representative Tom Barrett of Michigan, who is facing a tough re-election race this year, proposed a bill to wind down the war.