US EditionIsrael favours upgrading US free trade deal, economy minister says
- Israel has proposed revamping its four-decade-old free trade agreement with the United States, aiming to prevent tariffs from its closest ally, according to Economy Minister Nir Barkat.
- An upgraded trade pact would ease restrictions on data sharing to enable significant collaboration, Barkat said at a conference in Jerusalem.
- The United States is Israel's biggest trading partner, with an estimated $37 billion in bilateral trade for 2024, based on US trade data.
- President Donald Trump's administration announced sweeping tariffs on Israeli imports but paused them for 90 days to allow for further trade negotiations.
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US tariff policy runs against free trade: S. African ex-diplomat
The US government's trade protectionist policies are short-sighted and the Americans will have to pay a heavy price for these actions, Gert Grobler, former South African diplomat, told CMG in an interview.
·Beijing, China
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Total News Sources12
Leaning Left3Leaning Right2Center7Last UpdatedBias Distribution58% Center
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58% Center
L 25%
C 58%
R 17%
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