The Israeli government on Tuesday said it has lifted all tariffs imposed on U.S. products, a move aimed at consolidating the both allies ties.
Israel is US traditional ally.
The development which was at the directive of Israeli Prime Minister Benjamin Netanyahu, is coming at a time most countries across the world is imposing a retaliatory tariff on the Trump’s administration.
Netanyahu said the move aims to cultivate more competition in the market, make the economy more diverse and reduce the cost of living for the people of Israel.
“In addition to the economic benefits for the economy and citizens of Israel, this move will allow us to further strengthen the alliance and ties between Israel and the United States,” Netanyahu said in a statement.
“We will continue to work to remove barriers and tariffs and to reinforce our special relationship with the United States.”
