United States - Israel Free Trade Agreement

The United States-Israel Free Trade Agreement provides for the elimination of import tariffs for the following goods, among others :

• Electric generation equipment 
• Mechanical equipment including pumps, appliances, and other advanced machinery
• Electric motors, transformers, batteries, and capacitors
• Motor vehicles
• Mineral ore and processed products including manganese, copper, aluminium, and nickel
• Various products manufactured using above minerals and metals such as sheets, powders, bars, and plates

The rules of origin determining whether goods may benefit from preferential tariff treatment require goods to be wholly produced/manufactured in each country, and imported directly from one into the other. Additionally, production/processing costs need to represent the equivalent of at least 35% of the value of the good. 

Want to know more about this policy ? Learn more