🚨🚨 #Israel 🚨🚨
🚨 BREAKING: Israel has officially removed all remaining tariffs on U.S. imports 🇮🇱🇺🇸 to strengthen trade ties and avoid Trump's reciprocal tariffs 🚧💰.
🔹 Finance Minister's Initiative 🏛️💡
Israeli Finance Minister Bezalel Smotrich has called for an immediate end to tariffs on U.S. imports to protect Israel’s economy and maintain strong U.S. relations. 🤝📈
🔹 Existing Tariffs on U.S. Goods 📦💲
Despite the 1985 Free Trade Agreement, about 2% of U.S. goods (mainly agricultural products 🌽🥩) still faced tariffs.
The annual cost of these tariffs was approximately 42 million shekels ($11.3 million). 💰📊
🔹 Coordination with U.S. Authorities 🏛️🌍
Israeli officials are working to swiftly coordinate with their U.S. counterparts 🇺🇸 to implement tariff eliminations and prevent any negative impact on imports.
🔹 Impact on Agriculture 🚜🌾
Agriculture Minister Avi Dichter is ensuring that Israeli farmers receive compensation 💵💡 if they face economic losses due to tariff removals.
🔹 Easier Import Regulations 📦✅
Prior to this move, Israel eased regulations on U.S. goods 🇺🇸 to lower the cost of living and increase market competition.
Now, U.S. standard-compliant products can enter Israel more efficiently 🚀📉.
📢 This decision marks a major step toward strengthening U.S.-Israel trade relations, preventing economic fallout, and making consumer goods more accessible. 📊🔥