Israeli Economy at Risk From Tariffs, Central Bank Chief Says

Israel’s central bank said that US-imposed tariffs are affecting the Jewish state’s economy as markets and tech investments come under risk.

Market turmoil and a slowdown in global trade are Israel’s largest concerns given that the country’s exports are service-driven and largely excluded from newly imposed levies, Governor Amir Yaron said in an interview with Bloomberg Television in Washington Friday.

Many of Israel’s pension funds are invested in the stock market, while its tech industry is funded to a large extent by US venture capital money, “so to the extent that uncertainty weighs on those two things, that’s also directly ...