Israel agreed to terms of a 60-day ceasefire in Gaza, Trump says
U.S. President Donald Trump announced on Tuesday night that Israel agreed to the 'necessary conditions' that would lead to a 60-day ceasefire in Gaza, during which time Washington 'will work with all parties to end the war.'
'My representatives had a long and productive meeting with the Israelis today on Gaza,' the president stated on Tuesday.
'The Qataris and Egyptians, who have worked very hard to help bring peace, will deliver this final proposal,' Trump stated. '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.'
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SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The 13% plunge in global sales over a year earlier suggests the damage to Tesla's brand from Musk's embrace of U.S. President Donald Trump and far-right European politicians is much deeper, widespread and lasting than some investors had expected. The figures reported by Tesla on Wednesday also signal that its quarterly earnings report due later this month could disappoint as rival electric-vehicle makers pounce on its weakness and steal market share. Sales fell to 384,122 in April through June, down from 443,956 in the same three months last year. During the latest period, Musk formally left the Trump administration as a cost-cutting czar, and hopes rose that sales would recover. The Tesla CEO himself recently said the company was in the midst of a 'major rebound' in sales, a statement contradicted by the latest figures. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Still, some parts of the report were encouraging. Sales of the Models 3 and Y totaled 373,728, above the estimate of 356,000 from Wall Street analysts. Tesla shares rose 5% on the news. Read More 'The numbers weren't as bad as thought with all the analyst forecast cuts we saw over the past week,' said Morningstar's Seth Goldstein, though he added the report overall showed the company faces big challenges. 'The current product lineup is at market saturation and Tesla will need the new affordable vehicle to grow deliveries.' Musk has promised a cheaper EV model would be coming this year that would boost sales. This advertisement has not loaded yet, but your article continues below. It's not clear yet if Musk's latest feud with Trump will help lure back buyers who have been angry at the billionaire's political positions. After Musk once again took to social media to criticize Trump's budget bill, the president threatened Tuesday to use the power of his office to hurt his companies, including Tesla, pushing its stock down more than 5%. A June AP-NORC poll showed about half of U.S. adults have an unfavourable opinion of Tesla, including 30% of Republicans. The new figures come as Tesla is focusing less on new models and more on robots, self-driving technology and robotaxis ferrying passengers around without anyone behind the wheel. RECOMMENDED VIDEO Tesla is in the midst of a test run of robotaxis in Austin, Texas, that seems to have gone smoothly for the most part. 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