Months of tedious talks over a ceasefire and hostage deal in Gaza – negotiations that required officials from an outgoing and incoming presidential administration to put aside their fundamental differences – culminated in an intense late-night push for an agreement that finally came to fruition on Wednesday.

The US president says "many months of intensive diplomacy" led to the agreement as he outlined the next steps.

With the Gaza deal, Trump probably helped Biden get one last win as President, and Biden may have set in motion the first victory of Trump’s second term, writes Phillip Elliott