Israel Faces 17% U.S. Tariffs

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President Donald Trump has announced a 17% tariff on Israeli goods entering the United States as part of a comprehensive trade policy imposing new tariffs on various nations. The U.S. administration calculated these tariffs based on trade deficits and existing barriers, with Israel’s rate reflecting its specific trade dynamics with the U.S.

Israeli officials are assessing the potential impact on exports and exploring strategies to mitigate adverse effects on key industries. The move underscores the evolving nature of international trade relations and the importance of proactive economic diplomacy.

This development highlights the need for Israeli exporters to adapt to changing U.S. trade policies.

Read more in Globes.