Jerusalem, April 3 -- Israeli Prime Minister Benjamin Netanyahu announced the cancellation of all customs duties on products imported from the United States. Netanyahu, in a post on the social media platform 'X', highlighted the decade-long policy behind this decision, stating, "Cancelling the customs duties on American goods is an additional step in the policy that my government has led for a decade in opening up the market to competition, introducing variety to the economy and lowering the cost of living."

Netanyahu also stressed the impact of this move on Israel's alliance with the United States. "In addition to the advantages to the market and to citizens of Israel, the current effort will allow us to further strengthen the alliance ...