Tariffs Increased Retail Prices of Imports by 7 Percentage Points
Before the Supreme Court ruled President Trump’s International Emergency Economic Powers Act (IEEPA) tariffs unlawful, the tariffs imposed throughout 2025 ...
Wednesday, March 18, 2026
Tag: imports
Knesset cancels VAT exemption hike on personal imports
The Knesset plenum last night voted to cancel Minister of Finance Bezalel Smotrich’s order to double the VAT exemption ...
Auto companies fall on fear of more EU imports
Mumbai: Auto stocks fell as much as 4.3% on Tuesday after reports said India may slash tariffs on vehicles imported ...
Tariff King Strikes Again: Trump Raises Tariffs on South Korean Imports to 25%
President Donald Trump announced a 10% tariff increase on South Korean imports arriving in the U.S., including cars, lumber, and ...
India-EU FTA likely to cut auto import duties, may spur surge in luxury EV imports
Mumbai: The proposed free trade agreement (FTA) between India and the European Union is expected to sharply reduce import duties ...
US signals possible rollback of 25% tariff on India as Russian oil imports fall
New Delhi|Davos: The US has signalled the potential removal of additional 25% tariffs on India, following sharply lower imports of ...
Smotrich doubles VAT exemption on personal imports
Minister of Finance Bezalel Smotrich has signed an order that will increase the exemption from VAT and customs duties ...
US to ease tariffs on defense and diamond imports from Israel
The Trump administration will soon publish the final list of tariffs on goods imported into the US. The general ...
Barkat opposes expanding VAT exemption on personal imports
Minister of Economy and Industry Nir Barkat has called on Minister of Finance Bezalel Smotrich to reconsider the proposal, which ...
Smotrich publishes order doubling personal imports tax exemption
The Ministry of Finance published an order today doubling the value of personal imports exempt from VAT from $75 ...
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