Part 6/7:
Another pivotal point of discussion includes the recent 17% tariffs imposed by the Trump administration on Israel. This decision has potential implications for U.S.-Israel relations, which have traditionally been strong. The two nations share a free trade agreement that has governed bilateral trade for approximately 40 years, covering about 98% of exchanges.
In light of the significant trade deficit, which stands at around $7 billion, it is anticipated that both leaders will seek a resolution that alleviates the burdens of the new tariffs, potentially hammering out a mutually beneficial trade agreement to stabilize their economic relationship.