What Tariffs Mean for Israel
A preliminary look suggests serious economic damage.
April 7, 2025
What Tariffs Mean for Israel
A preliminary look suggests serious economic damage.
Prime Minister Netanyahu arrived in the U.S. yesterday for a recently announced meeting with President Trump, perhaps to discuss the 17-percent tariff that the White House imposed last week on goods imported from Israel. Hoping to preempt such a levy, the Israeli Finance Ministry had ended all tariffs on American imports, which had only applied to 2 percent of all goods. Steven Terner offers a preliminary evaluation of the likely effects of the new taxation scheme:
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