Search

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Israel lifts all tariffs on US products

Published on April 01, 2025 at 05:53 PM

Israeli Prime Minister Benjamin Netanyahu on Tuesday announced the lifting of all tariffs imposed on United States products.

Netanyahu said the move was aimed at ensuring a competitive market, make the economy more diverse and reduce the cost of living for Israelis.

This was announced in a joint statement by Netanyahu and Minister of Economy and Industry, Nir Barkat.

“In addition to the economic benefits for the economy and citizens of Israel, this move will allow us to further strengthen the alliance and ties between Israel and the United States.

“We will continue to work to remove barriers and tariffs and to reinforce our special relationship with the United States,” parts of the statement said.

This comes as President Donald Trump is set to levy reciprocal tariffs on US trade partners.

The US is Israel's largest trading partner and closest ally, with bilateral trade worth $34 billion in 2024.

Prev Article

Arsenal star Myles Lewis-Skelly’s secret weapon saw him compared to rugby icon Jonah Lomu by academy coach

Next Article

National League South star scores goal from inside OWN penalty area to complete stunning hat-trick

Related to this topic:

Comments (0):

Be the first to write a comment.

Post Comment

Your email address will not be published. Required fields are marked *