Israel shrugs off US tariff, calls it 'modest'

Israel shrugs off US tariff, calls it ‘modest’

Israeli officials on Friday played down the significance of a new 15 percent US tariff on Israeli imports. They described the measure as relatively minor compared to tariffs imposed on other countries.

The statement came Friday morning, August 1, 2025, following the announcement of the new tariff. Specific details regarding the affected goods were not immediately released.

The relatively muted response suggests a degree of confidence in the resilience of the Israeli economy. Officials likely believe the impact on trade will be manageable.

This development comes amidst ongoing trade negotiations between the US and Israel. The long-term implications of this tariff, and potential retaliatory measures, remain to be seen. This could significantly impact bilateral trade relations and investment flows in the coming months.

Karanveer Sharma

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