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Israel eliminates remaining tariffs on US goods ahead of Trump move

  • Israel announced the elimination of all remaining tariffs on imports from the United States, which amounts to about $11.4 million annually, according to the Israeli Finance Ministry.
  • Israeli Prime Minister Benjamin Netanyahu stated that removing customs duties will strengthen Israel's ties with the US and is part of a decade-long effort to increase market competition and lower the cost of living.
  • This decision requires approval from the Knesset’s Finance Committee, although most American goods are already duty-free in Israel.
  • The announcement was made just before former US President Donald Trump's planned introduction of new tariffs on April 2.
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OAN broke the news in San Diego, United States on Tuesday, April 1, 2025.
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