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Tech Israel

Daily Updates from Silicon Wadi for Thursday, April 3, 2025

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Analysis

After Israel fails to win reprieve from Trump’s tariffs, how hard will economy be hit?

New US policy set to threaten competitiveness of Israeli exports of machinery and medical equipment, experts say, while potential damage to tech industry is limited

Illustrative: US President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden entitled 'Make America Wealthy Again' at the White House in Washington, DC, April 2, 2025. (SAUL LOEB / AFP)

US President Donald Trump delivers remarks on reciprocal tariffs during an event in the Rose Garden entitled 'Make America Wealthy Again,' at the White House in Washington, on April 2, 2025. (Brendan Smialowski/AFP)

Trump unveils sweeping global tariffs, including 17% US import duty on Israeli goods

By Agencies, ToI Staff and Jacob Magid

Sabra richesDonald Trump's net worth more than doubles to $5.1 billion

41 Israelis make Forbes billionaires club; Wiz founders double fortunes

By Sharon Wrobel

Miriam Adelson is richest Israeli on annual list; Musk regains top spot with a net worth of $342 billion; Springsteen, Schwarzenegger, Seinfeld new on the list

Founders of US-Israeli cyber unicorn Wiz from left to right: VP Product Yinon Costica, CEO Assaf Rappaport, CTO Ami Luttwak, and VP R&D Roy Reznik. (Avishag Shaar-Yashuv)

Finance Minister Bezalel Smotrich (left) meets with Secretary General Mathias Cormann in Jerusalem, April 2, 2025. (Shlomi Amsalem/GPO)

OECD sees Israel economy grow above global average in 2025, warns of high cost of living

By Sharon Wrobel

Israel needs to address infrastructure gaps, improve educational outcomes and labor‑market participation among ultra‑Orthodox and Arabs, organization says

The Eshkol power plant, Israel's largest natural gas powered plant, near the port of Ashdod. (Courtesy)

OECD urges higher carbon tax, especially on natural gas, to boost move to renewables

An El Al flight lands at Ben Gurion International Airport on March 31, 2025. (Yossi Aloni/Flash90)

El Al to resume Moscow flights in May after three month pause

By Steven Scheer

Airline to reopen Tel Aviv-Moscow route after halting flights over Russian missile that struck Azerbaijani passenger plane, killing 38

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