Donald Trump's latest tariff announcement could impact Israel's exports of machinery and medical equipment, an Israeli finance ministry official said on Thursday, as the government sought to minimise the impact of the threatened U.
Israeli Prime Minister Benjamin Netanyahu is reportedly planning to meet with President Trump at the White House next week. Netanyahu’s visit is slated for Monday, according to Axios, but is subject to change. The two leaders are expected to discuss US tariffs on Israel, the war in Gaza and Iran’s rapidly growing nuclear program.
President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress.
Israel has cancelled its remaining tariffs on imports from the United States, officials said on Tuesday, a day before the Trump administration hits global trading partners with reciprocal levies.
The talks with Israel, India, and Vietnam are also being seen as the first wave of diplomatic outreach following Trump’s announcement.
Israel is lifting all tariffs being imposed on U.S. products, a move that Prime Minister Benjamin Netanyahu says will have economic and strategic benefits.
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India Today on MSNTrump in talks with India, Vietnam, Israel to avert looming tariffs: ReportUS President Donald Trump is in talks with India, Israel, and Vietnam to secure trade deals and avoid looming tariffs, CNN reports. The negotiations aim to resolve trade imbalances and prevent new duties on imports from these key US partners.