Israel announced Tuesday that it would end all tariffs, or customs duties, on U.S. imports — just one day before President Donald Trump was set to announce reciprocal tariffs in a Rose Garden ceremony dubbed “Liberation Day.”
A joint statement by the Prime Minister’s Office, Finance Ministry and Economy and Industry Ministry said:
At the directive of Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich and Economy and Industry Minister Nir Barkat, Israel has cancelled all of the customs duties that have been levied until now on products from the US, Israel’s largest trading partner.
After the approval of the Knesset Finance Committee and the Economy and Industry Minister’s signature on the order, the amendment to the order regarding trade levies and protective measure will take
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