Israel Plans to Boost US Wheat Imports in Tariff Relief Bid (1)

Israel plans to make further trade concessions to the US on food and agricultural goods, as part of efforts to persuade its closest ally to ease tariffs on exports from the Jewish state.

Prime Minister Benjamin Netanyahu’s government intends to scrap a tax-free quota and raise levies to 50% on wheat-feed imported from countries other than the US starting in April, Israel’s deputy trade commissioner Yifat Alon Perel told Bloomberg.

Officials hope that boosting the competitiveness of US wheat against Israel’s traditional suppliers — the largest of them being Russia — will help clinch a deal to ease tariffs ...