Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Donald Trump pressed world leaders gathered at a summit on Gaza’s future to ensure the US-led truce between Israel and Hamas turns into a lasting peace, hailing the agreement as a “new beginning” for the war-torn region.

“Today, for the first time anyone can remember, we have a once-in-a-lifetime chance to put the old feuds and bitter hatreds behind us,” Trump said in the Egyptian resort town of Sharm El-Sheikh.” “Together we’re going to forge a magnificent, great and enduring peace.”
Trump’s whirlwind trip, which also included a stop in Israel, heightened optimism for ending the two-year-long war between Israel and Hamas.

“Together, we’ve achieved what everybody said was impossible. At long last we have peace in the Middle East,” Trump said. “Now the rebuilding begins.”

Yet the nascent ceasefire remains fragile, with many key details left to be worked out. Trump said food and aid has begun to flow into Gaza, which has been devastated by the conflict. “Numerous countries of great wealth” have pledged reconstruction funds, Trump added, though he did not name them.

Today's show features:

• Mona Yacoubian, Director and Senior Adviser, Middle East Program at the Center for Strategic and International Studies, on President Donald Trump’s Middle East visit and the fragile Gaza ceasefire
• Daniel Florness, CEO of Fastenal on earnings and the state of US manufacturing
• Harmit Singh, Chief Financial and Growth Officer and Levi Strauss & Co, on the retailer’s latest quarterly earnings and the impact of tariffs

See omnystudio.com/listener for privacy information.