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Thursday, May 16, 2024
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Thursday, May 16, 2024
Israel to abolish free trade deal with Turkey, impose 100% tariff on Turkish imports, Smotrich says
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Finance Minister Bezalel Smotrich speaks at the Maariv economic conference in Tel Aviv, March 26, 2024. (Avshalom Sassoni/Flash90)
Finance Minister Bezalel Smotrich says Israel will abolish its free trade agreement with Turkey and also impose a 100% tariff on other imports from Turkey in retaliation for Turkish President Tayyip Erdogan’s decision to halt exports to Israel.
The plan, he says, will be submitted to the cabinet for approval.
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