Israel eliminates all import duties on U.S. goods
The move strengthens trade ties with Washington and aims to reduce the cost of living.
Israel has announced the elimination of all remaining import duties on goods from the United States. The decision is expected to be officially approved by the Minister of Economy and the parliamentary Finance Committee in the coming days.
The measure is seen as a strategic step to enhance bilateral trade relations with Washington, particularly in light of a potential return of Donald Trump to the U.S. presidency. It also aims to ease domestic inflationary pressures and lower consumer prices across the country.
The removal of tariffs will apply to a wide range of products — from agricultural goods to consumer electronics. Officials anticipate this will increase market competition, reduce prices, and expand product variety for Israeli consumers.
Israeli authorities stress that improving trade conditions with the U.S. remains a national priority amid ongoing geopolitical uncertainty.
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