Israeli Finance Minister Bezalel Smotrich announced and signed a plan to eliminate any remaining tariffs targeting U.S. imports. The move came in advance of Donald Trump’s announcement on Wednesday that a new schedule of duties would be imposed on foreign products.
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Israel and the U.S. have had a free trade agreement since 1985 that excludes about 98% of American products from Israeli tariffs. Israeli Prime Minister Benjamin Netanyahu appears to be trying to get out in front of any possible announcement on tariffs on Israel from the White House.
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“Today we canceled all of the customs duties levied on products from the U.S., Israel’s largest trading partner,” Netanyahu said in a post on X. “Canceling the customs duties on American goods is an
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