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Israel Eliminates Tariffs on US to Avoid Trump's Reciprocal Tariff

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In a rather surprising development, Israel has eliminated all of its tariffs on US goods in an act to avoid President Trump’s reciprocal tariff. Specifically, the nation’s finance minister, Bezalal Smotrich, signed a directive Tuesday that would scrap import taxes on goods from the United States, according to a recent report. The US government and President Trump are set to launch a barrage of reciprocal tariffs against all other nations that have duties on US goods. Although the plan is still unannounced, the administration is expected to unveil the economic policy on April 2nd. JUST IN: Israel eliminates all tariffs on US goods to avoid President Trump's reciprocal tariffs. — Watcher.Guru (@WatcherGuru) April 1, 2025 Also Read: Wall Street Getting Fed-up With Trump’s Tariffs? Israel Responds to Trump Tariff Plan, Eliminates All Import Taxes on US Goods Since his return to the White House, US President Donald Trump has adopted an increasingly aggressive economic policy. Sp...

Bitcoin Price Tumbles 3.6% As Israel Vows Revenge For Iran Missile Attack, While Traders Turn To This Meme Coin ICO Amid The Crypto Crash

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The Bitcoin price tumbled 3.6% in the last 24 hours to trade at $61,687 as of 03:37 a.m. EST on trading volume that surged 40% to $50 billion. This comes as Israeli Prime Minister Benjamin Netanyahu vowed revenge on Iran as the conflict in the Middle East threatened to spiral out of control. Netanyahu warned Tehran would “pay a price” after it fired around 200 ballistic missiles at Israel on Tuesday evening following an Israeli invasion of Lebanon. Bitcoin Price Currently On A Bearish Trend The Bitcoin price has been on a sustained bullish trend in September, as it soared from the $53,700 support from September 8 towards a markup phase, according to data from GeckoTerminal . However, the $66,000 resistance has allowed the price of Bitcoin to plunge, forming a rounding top pattern. BTC trades below the 50-day Simple Moving Average (SMA), showing that the BTC price is currently on a short-term bearish trend. However, the Bitcoin price still trades above the 200-day SMA,...