Peloni: The economic upheaval surrounding the tariffs will have a depleting effect on businesses around the world, leaving govts and businesses alike looking for opportunities to avoid or at least reduce the hardship which came with Trump’s “liberation day” announcement of reciprocal tariffs against friend and foe, alike. Such instability which is associated with such an economic policy of shock and awe as this is the worst thing for businesses, particularly for those which are struggling to remain out of the red. Trump would be well aware of this fact, and it is no doubt part of the calculus to bring whole industries to the shores of the US, while also bringing foreign govts to influence those companies which will remain abroad to direct their trade efforts towards reducing any disparities in trade balances, as exists between Israel and the US.
Finance Minister Smotrich says he’ll ‘study Trump’s order in depth’
By The White House from Washington, DC – President Trump Meets with Israeli Prime Minister Benjamin Netanyahu, Public Domain
The U.S. will impose a 17% tariff on Israeli imports, President Trump announced on Wednesday, as part of sweeping “reciprocal tariffs” reforms the administration declared on what it dubbed “Liberation Day.”













