Israeli Prime Minister Benjamin Netanyahu is scheduled to meet with US President Donald Trump at the White House on Monday. The leaders are expected to discuss issues including the ongoing conflict in Gaza.
Trump's tariffs, including a 17 percent increase on Israeli goods imported into the United States, may also be addressed. On April 2, Trump announced widespread tariffs on countries worldwide. Import tariffs on other major countries are China (34 percent), the European Union (20 percent), Vietnam (46 percent), Taiwan (32 percent), Japan (24 percent), India (26 percent), the United Kingdom (10 percent), Bangladesh (37 percent), Pakistan (29 percent), and Sri Lanka (44 percent).
US stock markets experienced a significant downturn on Friday, with the Dow Jones index closing down more than 5.50 percent. The S&P 500 index declined approximately 6 percent, and Nasdaq tanked 5.73 percent.