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Manufacturers Association of Israel

Illustrative: A largely empty pedestrian mall in central Jerusalem on August 2, 2026. (Yonatan Sindel/Flash90)
September 1, 2026, 8:54 pm
Bank of Israel slashes rates to four-year low to bolster postwar economic rebound
Central bank cuts borrowing costs to 3.25%, warning of only partial recovery; manufacturers accuse Governor Yaron of doing too little too late, as strong shekel batters exporters
By Sharon Wrobel
Illustrative image of freight, containers and shipping and cargo (AvigatorPhotographer; iStock by Getty Images)
July 28, 2026, 11:44 am
Trump’s tariff push hits strained Israeli exporters with higher duty on goods to US
US administration imposes 12.5% import tax on Israeli goods, saying move targets countries with insufficient regulations or weak enforcement of bans on goods made by forced labor
By Sharon Wrobel
Illustrative: Finance Minister Bezalel Smotrich addresses the Knesset on January 28, 2026. (Sam Sokol/Times of Israel)
June 25, 2026, 8:20 pm
Smotrich vows long-sought assistance plan for Israeli tech harmed by strong shekel
Amid wave of layoffs and fears that multinationals and local tech will relocate abroad, government set to propose package to help mitigate financial damage created by shekel spike
By Sharon Wrobel
Illustrative: View of the Pazkar Factory near Afula, October 14, 2024 (Michael Giladi/Flash90)
June 4, 2026, 8:00 pm
Strong shekel squeezes value of export sales, as industry warns of damage to economy
In the first few months of 2026, local export revenue shrank by more than NIS 6.5 billion due to the sharp rise in the shekel’s value against the dollar
By Sharon Wrobel
Illustrative: New Israeli shekel bills, September 24, 2023. (Hadar Youavian/ Flash90)
April 15, 2026, 10:47 pm
Shekel breaks below 3 to the dollar in first since 1995; exporters warn of economy risk
Currency’s strength reflects optimism over an Iran deal and Lebanon truce; Bank of Israel not seen intervening in the market, hurting exports
By Sharon Wrobel
Illustrative: A woman carries her shopping near Talpiot Market in Haifa on August 4, 2024. (Canaan Lidor/Times of Israel)
February 23, 2026, 8:23 pm
Bank of Israel holds interest rates amid concerns over Iran escalation
Finance minister, manufacturers slam central bank for hesitating to lower borrowing costs for households and businesses with inflation slowing and the shekel strong
By Sharon Wrobel
For illustration: A farmer harvests wheat in the Hula Valley, northern Israel, May 17, 2023. (Ayal Margolin/Flash90)
December 4, 2025, 10:34 pm
Israel and US sign agriculture trade agreement to clinch concessions on Trump tariffs
From January, Israel will lift remaining duties on US agricultural goods, amid wider discussions with Trump administration to ease tariffs on exports, remove trade barriers
By Sharon Wrobel
Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, in Jerusalem, November 17, 2025. (Yonatan Sindel/Flash90)
November 26, 2025, 3:56 pm
VAT exemption on personal imports to rise from $75 to $150
Treasury says aim of Smotrich’s move is to reduce cost of living, remove power from alleged monopolies that keep consumer prices higher than most of Europe; public has 21 days to comment
By Sam Sokol
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)
April 3, 2025, 11:47 pm
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
By Sharon Wrobel
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)
April 3, 2025, 9:58 am
Trump unveils sweeping global tariffs, including 17% US import duty on Israeli goods
Manufacturers Association calls move ‘worrying step’ that diminishes trade between countries, warns it could impact job market; penalties come despite Israel cancelling all tariffs on US goods
By Agencies, ToI Staff and Jacob Magid
French President Emmanuel Macron (C) listens to explanations as he visits a stand at Euronaval, the world naval defense exhibition in Le Bourget near Paris, on October 23, 2018. (Benoit Tessier/Pool/AFP)
October 30, 2024, 10:58 pm
Paris court rules Israel must be allowed to exhibit at Euronaval arms expo
Paris Commercial Court blocks Macron’s second attempt this year to bar Israeli defense firms from a trade show, following petition by Israeli companies and trade groups
By Lazar Berman
Economy Minister Nir Barkat attends an Economic Committee meeting at the Knesset, Jerusalem, on January 3, 2024. (Yonatan Sindel/Flash90)
February 7, 2024, 7:55 pm
Economy minister issues ultimatum to food companies that hiked prices in wartime
Barkat gives them 72 hours to reverse increases or be put on ‘blacklist,’ hints he suspects illegal price coordination; manufacturers say government causing rise in cost of living
By ToI Staff
Haifa's industrial area. (Avishag Shaar Yashuv/Flash90)
November 22, 2023, 5:12 pm
Worker absence due to war poses main hurdle for manufacturers – survey
Factories are resuming operations but are short-staffed due to mobilization of reserve soldiers and displacement of residents from communities along borders with Gaza and Lebanon
By Sharon Wrobel
Israeli delegation consisting of members of the Israeli Chambers of Commerce, Manufacturers Association and Export Institute on a visit to Dubai, November 2020 (Manufacturers Association of Israel)
July 6, 2023, 4:08 pm
Israel and UAE sign agreement to expand industrial cooperation and investment
Agreement between Manufacturers’ Association of Israel and the UAE’s Ras Al Khaimah Economic Zone includes business delegations and networking meetups to foster economic ties
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, January 2, 2023. (Yonatan Sindel/Flash90)
May 22, 2023, 7:15 pm
As inflation persists, Bank of Israel hikes interest rates for 10th time, to 4.75%
Central bank lifts borrowing costs by 25 basis points, citing inflation above 5% and a tight labor market; sees signs of moderation in economic activity
By Sharon Wrobel
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