Donald Trump’s transactional politics have never been about values – they’ve always been about leverage.
Israel, though not a direct target of these tariffs, will experience ripple effects. As a trade-reliant economy, we must brace for currency fluctuations, potential inflation, and more.
Mike Herzog revealed what he believes happened behind the scenes during Netanyahu’s visit to the White House this week.
ECONOMIC AFFAIRS: Israeli businesses are dependent on foreign markets, and globalization is deeply ingrained in the economic DNA of the country - a 17% tariff will undoubtedly hit hard.
If you thought the cost of living Jewishly was already high, wait until you see what happens next.
Trump's announcement came less than 24 hours after steep new tariffs kicked in on imports from dozens of trading partners.
Trump declared a 90-day pause on reciprocal and 10% tariffs that he had unveiled initially last week, while raising duties on China to 125%.
Global PC shipments jumped 9.4% in Q1 as vendors rushed to stock up ahead of Trump’s new tariffs, but analysts warn of a slowdown later this year.
China sanctioned 18 US defense firms and raised tariffs after Trump imposed a 50% duty on Chinese goods, escalating tensions over trade and Taiwan.
The EU joins China and Canada in retaliating to Trump admin tariffs and escalating a global trade conflict.
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