JUL 9, 2025 JLM 80ยฐF 06:48 PM 11:48 AM EST
BREAKING: Israel announces cancellation of all tariffs on US products

In a historic economic move, Israel has announced that it will cancel all tariffs on products imported from the United States. The decision, which comes as a result of deepening economic ties between the two nations, is expected to significantly boost trade and strengthen bilateral relations.

A NEW ERA IN US-ISRAEL TRADE

The Israeli Ministry of Finance and the Ministry of Economy jointly confirmed that the new policy will take effect immediately. The removal of tariffs on American goods will cover a wide range of sectors, including agriculture, technology, industrial equipment, and consumer products. This unprecedented step underscores Israel’s commitment to enhancing economic cooperation with its most important ally.

“This is a landmark decision that will lower costs for Israeli consumers, strengthen our economy, and fortify our strategic relationship with the United States,” said Israeli Finance Minister Bezalel Smotrich in a statement. “By eliminating trade barriers, we are opening new doors for American businesses while providing Israeli consumers with greater access to high-quality, competitively priced products.”

MUTUAL ECONOMIC BENEFITS

The cancellation of tariffs is expected to have significant economic benefits for both nations. American exporters will gain increased access to the Israeli market, a high-tech hub with a strong demand for US goods. Meanwhile, Israeli businesses and consumers will enjoy lower prices on essential products, from food and electronics to pharmaceuticals and automobiles.

“This is a game-changer for both economies,” said US Ambassador to Israel, Jack Lew. “It will facilitate trade, encourage investment, and further integrate our economic interests.”

STRENGTHENING THE US-ISRAEL ALLIANCE

Beyond economics, the move is seen as a reaffirmation of the deep strategic partnership between Israel and the US. The two nations have long cooperated on security, technology, and defense, and this latest step ensures that economic cooperation remains a key pillar of their relationship.

The decision comes amid broader discussions between Israeli and American officials on expanding trade agreements and fostering new joint economic initiatives. The removal of tariffs could also pave the way for further trade liberalization, such as updated free trade agreements or expanded investment opportunities.

 

Did you find this article interesting?
Comments
[Anonymous] 02:13 02.04.2025
I hope this means that the beautiful silver earrings made in Israel that I saw at the store will be less expensive now!
[Anonymous] 22:55 01.04.2025
Smart move Bibi!! ๐Ÿ‘
Iris Longtime 22:16 01.04.2025
๐Ÿ™๐Ÿ‘‘๐ŸŒŽ๐Ÿ‡ฎ๐Ÿ‡ฑโœก๏ธโ™ฅ๏ธ๐Ÿ’๐Ÿ‘ชโค๏ธ๐Ÿฅฐ
[Anonymous] 21:51 01.04.2025
Israel is so fucked up. Iโ€™m disappointed remove tariffs on US goods but put tariffs on it. Citizens tariffs, and taxes. Itโ€™s bloody expensive to live in Israel.!! it taxes itโ€™s people to death
Mike Galarneau 20:51 01.04.2025
Cool. ๐Ÿ™๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ™๐Ÿ‡บ๐Ÿ‡ฒ๐Ÿ™
yehuda mizrahi 20:25 01.04.2025
How about cars!????????
[Anonymous] 19:49 01.04.2025
This will be good for smart people .
Carl Williams 19:45 01.04.2025
๐Ÿ‘๐Ÿป๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘๐Ÿป
To leave a comment, please log in

DISCOVER MORE

BREAKING NEWS Palestine = PLO = Hamas = ISIS = NAZI ISRAEL - IRAN WAR The Iran Threat "Iron Swords" - War in Gaza Operation Northern Arrows Prime Minister Netanyahu War in Syria Jihadi Infiltration into the USA Trump Administration 10/7 Hamas Massacres Trump against Harris 2024 US 2024 Elections Trump-Vance 2024 Jihadi Infiltration into the West American Jihad Biden Administration Heroes of Israel Israeli "Pagers Operation" Idiots for Palestine IDF Hostage Rescue "Operation Arnon" Security Threat to America Kamala Harris 2024 Biblical Archaeology THE KEDAR DAILY VIDEO Stories from "Swords of Iron" US Department of Government Efficiency (DOGE) The Battle for Rafah Operation: Long Arm in Yemen USAID Scandal Hamas The Bible Israeli Technology Hezbollah Muslim Persecution of Jews The 301 Daily War Analysis IRANGATE: Harris Collusion with Iran