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Hot off negotiating a truce between Israel and Iran, U.S. President Donald Trump has sent out a stark warning to Hamas to end the strife in the region.
Writing on his Truth Social handle, the president said his representative had a “long and productive” meeting with Israel on Gaza. “Israel has agreed to the necessary conditions to finalize the 60-Day CEASEFIRE, during which time we will work with all parties to end the War.”
Trump signaled that Qatar and Egypt have worked toward the peace deal and would deliver the final proposal. He, however, did not shed any further details on the deal terms.
The U.S. president also issued an ultimatum to the Palestinian Islamic resistance movement. “I hope, for the good of the Middle East, that Hamas takes this Deal, because it will not get better — IT WILL ONLY GET WORSE,” he wrote.
The U.S. index futures have not reacted much to the development as they were trading marginally lower.
The SPDR Dow Jones Industrial Average ETF Trust (DIA), an exchange-traded fund that tracks the broader S&P 500 index, was among the top five trending tickers on Stocktwits. It has gained 6% year-to-date compared to the 22% advance by the iShares MSCI Israel ETF (EIS).
If the two sides agree to the ceasefire, a nearly two-year-old war between them would come to an end. It all started on Oct. 7, 2023, when Hamas launched coordinated and armed incursions on Israel from the Gaza Strip and abducted hostages. Israeli authorities reportedly believe up to 20 hostages are still alive, and there has been increasing pressure on Israel to secure their release.
The latest peace move from Trump comes ahead of Israeli Prime Minister Benjamin Netanyahu’s planned visit to the U.S. next week.
"We still have a few things to finalize in order to reach a trade agreement in addition to other matters," Netanyahu said, adding that "I’ll also have meetings with congressional and Senate leaders and some security meetings."
A New York Times report, citing analysts, said Netanyahu might risk a breakup of the ruling coalition in a bid to end the longstanding war. The change in stance may have been due to his confidence in getting re-elected following the country’s attacks on Iranian nuclear sites, along with the U.S.
Hamas may not be as receptive to Trump’s call, with the Times report stating that officials of the insurgent group have suggested to Arabic media that they would not compromise on their demand to end the war.
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