Israel was not spared from US President Donald Trump’s sweeping decree to impose levies on global imports and was hit Wednesday with a 17 percent tariff on products exported to America.

Israel is lifting all tariffs being imposed on U.S. products, a move that Prime Minister Benjamin Netanyahu says will have economic and strategic benefits.

Under the agreement, the US and Israel implemented phased tariff reductions, eventually leading to the almost complete elimination of duties on manufactured goods in 1995.

Israel has cancelled its remaining tariffs on imports from the United States, officials said on Tuesday, a day before the Trump administration hits global trading partners with reciprocal levies.

The United States announced that it will now place a 17 percent tariff on goods imported from Israel. This decision, made by US President Donald Trump, is part of a broader plan to add tariffs on ...

Israel is due to face a 17% tariff beginning at 12:01 a.m. Wednesday under Trump's formula, which imposed a new 10% tariff baseline against most countries and higher rates against countries with ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

Israel is removing the remaining tariffs it has on imports from the United States before the Trump administration imposes countertariffs on its trading partners. The U.S. and Israel have a close ...

As part of a sweeping new tariff policy, unspecified Israeli goods exports to the United States face a 17% tariff. The U.S. is Israel's closest ally and largest single trading partner.

Trump had most recently threatened tariffs of 30% on imports from the European Union. But on Sunday, he met with the president of the European Commission, and they agreed to a lower level.