Wednesday, October 28, 2009

Milking US

"According to the news report by Israeli wire service Ynet, the Obama memo, which was signed several days ago, removed the import subcharge on dairy products from Israel. The report noted that such levies are important for protecting local production against competing imports, “which put the local production at risk.” The levy is required from most countries that export dairy products to the U.S. According to Ynet, Israeli agricultural attaché Yaakov Poleg was able to convince the US that “the trade agreement between Israel and the US prohibits placing taxes on exports from Israel.” However, this tax was required under previous American administrations."

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