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Trump's new threat came a day after he appeared to give Iran about 10 days to agree to a deal to curb its nuclear programme.
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The president made the remark in response to a question from a journalist hours after officials had suggested the possibility of a strike.
On Thursday, Trump said the world would find out "over the next, probably, 10 days" whether a deal would be reached or the US would take military action. The US has been increasing its military presence in the region in recent weeks.
The US and its European allies suspect that Iran is moving towards the development of a nuclear weapon, something Iran has always denied.
US and Iranian officials have met over the issue in Switzerland and said progress has been made in the talks.
Speaking on Friday, Iran's Foreign Minister Abbas Araghchi said Iran was preparing "a draft of a possible agreement" and would hand it over to US Special Envoy Steve Witkoff in the next few days.
The talks in Geneva were held as American forces continued ramping up their presence in the vicinity of Iran.
The deployment includes the world's largest warship, USS Gerald R Ford, appearing to be heading towards the region.
USS Abraham Lincoln aircraft carrier is also being deployed, joining an increase of destroyers, combat ships and fighter jets.
Satellite images have also shown that Iran has reinforced military facilities, and the country's Supreme Leader, Ayatollah Ali Khamanei, has posted messages to social media threatening US forces.
"The US President constantly says that the US has sent a warship toward Iran. Of course, a warship is a dangerous piece of military hardware," one of Khamenei's posts read.
Trump takes questions from journalists several times a week - often in lengthy sessions in the Oval Office or on Air Force One - but his comments do not necessarily always translate into concrete actions, and often contradict each other.
He is fond of reminding reporters that he prefe
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