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JERUSALEM – Israel will not be exempted from the steel and aluminum tariffs recently imposed by the Trump administration.
The 25% tariff on steel and the 10% tariff on aluminum could seriously hurt the Israeli industry. Israeli business website Calcalist reported on Tuesday
the United States is Israel's largest merchandise export market, the article reported. The United States and Israel signed a free trade agreement in 1985.
The absence of an exemption was announced Monday by the Manufacturers Association of Israel. However, a spokesman for the Israeli Ministry of Economy told Calcalist that there was still no final answer regarding the exemption or inclusion of tariffs in the rates.
Ohad Cohen, head of the Ministry of Foreign Trade Administration According to Calcalist, the deputy to the US Trade Representative for Europe and the Middle East, to discuss the topic.
Trump signed the rates in March. Canada, Mexico and the European Union have also not benefited from exemptions. Australia, Argentina, Brazil and South Korea have received permanent exemptions.
The Israeli post not exempt from the new US tariffs on steel and aluminum first appeared on Jewish Telegraphic Agency
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