The world is “Liberation Day”, looking forward to America’s fees
Israeli canceled customs duties on American goods
One day before the Trump administration’s administration imposed a counter -ces of commercial partners around the world, officials said on Tuesday that Israel had canceled the rest of the customs duties on its imports from the United States.
The Israeli Prime Minister’s Office said that the Finance Minister NR Barakat, and the Finance Committee in Parliament need a final signature from the Finance Committee, and that after completing it, “all imports from the United States will be canceled.”
The United States is the largest commercial partner for Israel, and its nearest friend, and the value of bilateral trade is $ 34 billion in 2024.
“Another step is to abolish customs duties on American goods … Opening the market to competitively, diverting the economy and reducing the cost of living,” said Prime Minister Benjamin Netanyahu, “Barakat and Finance Minister in Salazel Smottrich.
This statement has been added: “In addition to the economy and the economic interests of the Israeli citizens, the current phase can help us strengthen the alliance and relationship between Israel and the United States.”
Barakat said that the abolition of customs duties is a complementary phase of bilateral trade relations, “Increases more economic cooperation in the future.” Israel and the United States signed a free trade agreement 40 years ago and exempted 98 percent of the United States goods.
The Ministry of Finance has suggested that the collection of customs duties from American imports, especially in agriculture, $ 42 million shekes ($ 11.3 million) annually.
Barakat and Agriculture Minister Avi Dichter have written to Smotic Signing an order to end the customs duties on American imports and support this stage.
Smoike urged two ministers to coordinate with the relevant American authorities to implement the exemption from customs duties; To prevent possible consequences for Israel imports; This is because Trump fees are imposed on “friendly countries and enemy”.
“The abolition of customs duties on imports from the United States is an important step in protecting the Israeli economy in a sensitive period, and to strengthen economic relations with our most important ally, the United States,” said Smotrich.
