The EU’s proposal to suspend the bloc’s trade preferences with Israel and increase tariffs on Israeli goods is likely to meet resistance, especially from Germany and Italy.
But if the EU 27 adopts the plan, initially announced by European Commission President Ursula von der Leyen in her State of the Union speech, the restrictions would be a blow for Israel as the EU is the country’s biggest trading partner, accounting for 32% of its total trade in goods with the world in 2024.
