Israel It will cancel the few customs tariffs that keep imported products from USAThe Israeli government announced on Tuesday, a day before USAand Donald TrumpDetect your global tariffs.
Prime Minister Office Benjamin NitraioIn addition to the ministries of finance and economy, he was informed in a statement that it would lead to the abolition of the remaining prices with his largest commercial partner, a measure that will enter into force upon approval by the Knesset Finance Committee (Parliament) and signed by the Minister of Economy Nir Barakat.
The statement indicates that according to the 1985 free trade agreement with USA99 % of imported products in this country are completely exempt from the definitions, so that the new exemption affects a very limited number of products in the category of agricultural food and products.
“In addition to the economic advantages of the market and the citizens of Israel, this will allow us to increase the enhancement of the alliance Relations between Israel and the United States of America. “We will continue to work to reduce barriers and definitions and enhance our distinguished relationship with the United States,” Netanyahu said in the statement.
OS USA It is the largest commercial partner Israel By 2024, total goods exports in the Israeli region amounted to $ 17.3 billion, while services exports were estimated at $ 16.7 billion.
Note indicates that the Israeli government’s decision “will enhance bilateral strategic relations” and that Israeli consumers will also be able to see lower prices for food and agricultural products from USA.
According to a minister statement economyThis decision “complements the commercial relationship between the two countries, who were sharing a commercial agreement for many years, will enhance more economic cooperation in the future and lead to a decrease in goods imports.”
“We will continue to work together to open new markets and create economic opportunities that strengthen both the Israeli economy and the strong alliance with USA“It protects local products.”
According to Finance Minister Bizallil Smotrich of the right -wing Sonus party, the Trump government “represents a real opportunity to establish a new strategic economic future for countries, and to enhance the central role of Israel As an economic partner. “
“I consider it very important to deepen economic cooperation, enhance innovation and enhance financial and trade relations between the two countries,” he added.
The announcement of the Israeli government occurs on the eve Trump Announcing “mutual definitions” against countries that have barriers against goods and services USATo a measure that can shake the global economic system in a way that has not been seen for decades and between unpredictable consequences.
