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Israel canceling all tariffs on US products

Valletta

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Great news! Hopefully other countries will soon follow!
 
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Richard T

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The US and Israel already have a bilateral free trade agreement. However, their agricultural sector is protected in many areas. They use non-tariff quotas with some agricultural products. It will be interesting to see if Trump's new tariffs supposedly out today, will apply to Israel.
 
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Laodicean60

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It will be interesting to see if Trump's new tariffs supposedly out today
I've been wondering about the details. A press conference isn't going to give enough info when he tariffs the world.
 
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Richard T

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I've been wondering about the details. A press conference isn't going to give enough info when he tariffs the world.
Here is from an Israeli source. Looks much larger than expected for everyone. This is not fair trade. Israel lifted all tariffs so they get 17% https://www.timesofisrael.com/liveblog-april-03-2025/
I sure pray no one in government is gaming the stock market making insider trades. only down 3% in Japan, I expect other countries will react with their own tariff raises. I wonder though if Trump is just going to cut tariffs as they negotiate country by country. Other than some non tariff barriers on farm products, I do not think that Israel can do much more.
 
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