In a groundbreaking move that is already being hailed as a model for future trade relations, Israel has become the first country in the world to eliminate all tariffs on goods imported from the United States.
The decision, announced Monday by Israel’s Finance Ministry, marks a historic milestone in U.S.-Israel economic relations and underscores the deepening bond between the two allies. Effective immediately, American products—from agricultural goods to machinery and consumer electronics—will enter Israel duty-free.
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