From: Haaretz April 3, 2025
Trump May Love Israel but He Loves Tariffs Even More

If anyone thought that Donald Trump had a special place in his heart for Israel (or, less probably, for Prime Minister Benjamin Netanyahu), the poster-size list of countries targeted for extra-high tariffs that the president held up in the White House Rose Garden on Wednesday should give them pause for thought.

Unspecified Israeli goods exported to the United States, Israel's largest single trading partner, will face a tariff.

Israeli Finance Minister Bezalel Smotrich called for "continuing dialogue" with the US to try to "reduce the damage" of the new tariffs

The global stock market has lost trillions in value this week since Trump announced sweeping new 10 per cent import taxes, with products from dozens of countries, including key trading partners such as China, the European Union and Canada, facing far higher rates.