US President Donald Trump announced a radical new tariff policy on Wednesday, imposing a minimum 10% base duty on almost all imported goods. The decision significantly increased reciprocal tariffs with the United States. Israel was not left out of this decision, which caused discontent in the country. Experts consider this a risky decision for countries with large trade deficits.
Under this plan, Israeli exports will be subject to a 17% tariff, which raises concerns about the potential impact on Israel’s economy and trade relations with the country’s largest export market.
