Israeli Prime Minister Benjamin Netanyahu’s Office announced on Tuesday that all remaining tariffs on products imported from the United States will be lifted, further enhancing the economic partnership between the two nations.

According to the statement, the change will take effect once it is approved by the Finance Committee and signed by Minister of Economy and Industry Nir Barkat. The move is part of a broader initiative to strengthen strategic relations between Israel and its closest ally.

“The United States is Israel's closest ally, and also its most significant trading partner,” the statement emphasized. It noted that under the U.S.-Israel Free Trade Agreement, established in 1985, the majority of U.S. goods already enter Israel duty-free.

The new tariff elimination will impact a limited number of products, primarily in the agricultural and food sectors, which previously remained subject to import duties.

Officials highlighted that the measure is expected to promote trade growth and reduce the cost of U.S. goods for Israeli consumers, while reinforcing bilateral ties. “The reduction in tariffs will lead to the expansion of the Israel-U.S. trade agreement and the strengthening of strategic relations between the countries,” the statement added.

The announcement comes amid broader efforts by Israel to streamline trade policies and increase cooperation with global partners, with the United States being the foremost in economic and diplomatic terms. The decision reflects mutual interest in promoting open markets and shared economic prosperity.

Further details, including the exact timeline and categories affected, are expected to be released following final procedural steps. Once enacted, the move will mark a complete removal of trade barriers between the two countries under the existing free trade framework.