On Sunday, June 16, the Israeli government was set to consider three options for responding to Turkey's announced trade boycott.
Finance Minister Bezalel Smotrich advocated for canceling preferential tariffs on Turkish imports and imposing a 100% prohibitive tariff until the end of Recep Tayyip Erdoğan's presidency.
Foreign Minister Israel Katz demanded a trade embargo with Turkey.
Economy Minister Nir Barkat proposed temporarily shifting trade with Turkey to a licensing regime, allowing the state to issue import licenses for specific Turkish goods based on market needs.
Manufacturers Association of Israel supports one of the first two options, while the Chamber of Commerce favors Nir Barkat's initiative.
Ultimately, the government did not make a decision and instead assigned a commission of the directors-general of the three ministries to develop a response.
