Live Update
From the Liveblog of
Thursday, May 21, 2020
Treasury knocks down plan to restrict butter imports
Finance Minister Israel Katz has rejected Agriculture Minister Alon Shuster’s proposal to impose tariffs on butter imports to Israel.
Shuster had suggested reintroducing custom duties on the butter shipments, to benefit local industry.
Katz says he’ll continue to back greater competition in Israel to keep prices down.
Israel suffered a months-long butter shortage earlier this year.
During the shortage, the government voted to lift the tariffs.
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