The Los Angeles Post
U.S. World Business Lifestyle
Today: April 17, 2025
Today: April 17, 2025

Netanyahu says will seek relief from tariffs in meeting with Trump

FILE PHOTO: A general view of apartment blocks and office buildings under construction in Tel Aviv
April 06, 2025
Steven Scheer - Reuters

By Steven Scheer

JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Sunday he hopes U.S. President Donald Trump will ease tariffs imposed on Israel when the two meet in Washington this week.

Under a sweeping new tariff policy announced by Trump, Israeli goods face a 17% U.S. tariff. The U.S. is Israel's closest ally and largest single trading partner.

Netanyahu says will seek relief from tariffs in meeting with Trump
FILE PHOTO: U.S. President Trump meets Israeli PM Netanyahu in Washington

Netanyahu, who has spent the last few days visiting Hungary, departs for Washington on Sunday for an impromptu visit with Trump that is expected to take place on Monday, officials said.

He said in a statement that the talks will cover Israeli hostages still held in Gaza after 18 months, achieving victory in Gaza and the tariff regime on Israel.

"I hope that I will be able to help on this issue. That is the intention," Netanyahu said of the tariffs. "I am the first international leader, the first foreign leader, who will meet with President Trump on the issue, which is so important to the Israeli economy.

"There is a long line of leaders who want to do this regarding their economies. I think that it reflects the special personal link, as well as the special ties between the U.S. and Israel, which is so vital at this time."

Trump extended the surprise invitation in a phone call on Thursday with Netanyahu when the Israeli leader raised the tariff issue, according to the Israeli officials, who spoke on condition of anonymity.

An Israeli finance ministry official said on Thursday that Trump's latest tariff announcement could impact Israel's exports of machinery and medical equipment.

Israel had already moved to cancel its remaining tariffs on U.S. imports last Tuesday. The two countries signed a free trade agreement 40 years ago and about 98% of goods from the U.S. are now tax-free.

(Reporting by Steven Scheer; Editing by Alexandra Hudson)

Related Articles

'I'm very optimistic': Steel company owner tells CNN tariffs will help them 'I'm very optimistic': Steel company owner tells CNN tariffs will help them Top US, Indonesian diplomats discuss tariffs, defense in meeting Top US, Indonesian diplomats discuss tariffs, defense in meeting
Share This

Popular

Business|Economy|Political|US

'I'm very optimistic': Steel company owner tells CNN tariffs will help them

'I'm very optimistic': Steel company owner tells CNN tariffs will help them
Business|Economy|Europe|Food|Political|World

Moscow plans to use seized US-owned company to feed Russian army, document shows

Moscow plans to use seized US-owned company to feed Russian army, document shows
Asia|Business|Economy|Finance|Political|US

Why the yen is the wrong gambit in any US-Japan trade row

Why the yen is the wrong gambit in any US-Japan trade row
Australia|Business|Finance|Stock Markets

Investors seeks review of Australia's listing rules, say James Hardie-AZEK deal to hurt

Investors seeks review of Australia's listing rules, say James Hardie-AZEK deal to hurt

Political

Americas|Economy|Health|Political|US

Officials demand answers as crews work to restore power after another Puerto Rico blackout

Officials demand answers as crews work to restore power after another Puerto Rico blackout
Asia|Business|Economy|Finance|Political|Stock Markets|US

BlueBay sells US dollars short, citing low investor confidence

BlueBay sells US dollars short, citing low investor confidence
Environment|MidEast|Political|World

The unexploded bombs of Gaza

The unexploded bombs of Gaza
Crime|Europe|Political|World

Mass drone attack kills three, injures at least 30 in Ukraine's Dnipro, governor says

Mass drone attack kills three, injures at least 30 in Ukraine's Dnipro, governor says

Access this article for free.

Already have an account? Sign In