Ease of doing business
theboardiQ Tariffs Dashboard:
Powering Mutually Beneficial Global Trade.
Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.
Implications
The United States' tariff policy is currently in a dynamic state, with the Trump administration pushing for new trade deals and implementing varying tariff rates, effective August 1, 2025.
Tariffs on Israel:
Initially, on April 2, 2025, the U.S. announced an overall tariff of 10% on all products from all countries, with a "special" 17% tariff imposed on Israel starting April 9, 2025. This was in response to alleged discrimination against American exports and perceived higher tariffs and restrictions imposed by other countries. However, Israel subsequently announced it would cancel all tariffs on American products.
While the Trump administration sent letters to over a dozen countries on Monday, July 7, 2025, detailing their August 1st tariff rates, Israel was notably not on the published list of countries receiving new specific tariff percentages (like the 20-40% rates for other nations). This suggests that ongoing negotiations and Israel's reciprocal actions may have influenced its current tariff status.
It's important to note that President Trump has indicated that the August 1st deadline for new tariffs is firm and no further extensions will be granted. However, the situation remains fluid, and trade negotiations are ongoing with many countries.
Status of Deals and Agreements:
U.S.-Israel Free Trade Agreement (FTA): This agreement, established in 1985, remains in force and serves as the foundation for trade and investment. It has significantly increased bilateral trade over the decades.
Agreement on Trade in Agricultural Products (ATAP): The U.S. and Israel have a long-standing disagreement over the interpretation of the FTA regarding agricultural products. The current ATAP, which provides some market access, has been extended annually and is set to remain in force through December 31, 2025, allowing for further negotiations on a permanent successor agreement.
Ongoing Discussions: While Israel was not among the countries to receive new, higher specific tariffs in the latest round of announcements, there are continuous discussions between the U.S. and Israel to address trade issues. The U.S. remains committed to negotiating a balanced permanent successor agreement for agricultural trade.
Company-Specific Tariffs:
The general tariffs imposed by the U.S. apply to goods based on their country of origin, not typically to individual companies. However, certain sectors might be disproportionately affected. For example, the U.S. has maintained 50% tariffs on steel and aluminum and a 25% tariff on autos globally, which would affect any Israeli companies exporting these products.
It's worth noting that the U.S. has exempted certain products from tariffs, such as minerals, medical products, and particular semiconductor products. Given Israel's strong high-tech and biotech sectors, this could provide some relief for companies in those industries. Furthermore, the high-tech sector in Israel, including cloud security and R&D, is generally not subject to these new tariffs at this stage.
The overall sentiment from the U.S. side is that these tariffs aim to promote domestic manufacturing and address trade deficits. Israeli companies exporting to the U.S. may need to assess their supply chains and potentially consider relocating some production lines to the U.S. to mitigate the impact of tariffs.
US Revised Tariffs
Country Tariffs
Balance of Trade
Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals
Tariff Rate for US
World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.
US Imports Guide
United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.
Investing in USA
theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters
Sources : Forbes | USDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia | International Trade Administration
theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.
Economic
Relevance
Ranking
State | Info | Overall Rank | Agri | Innov | Mfg | Employ | Tax | Edu | GDP | F500 Rep | Trade Balance | Cost of Living | Disp Income |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Texas | 1 | 4 | 5 | 11 | 10 | 7 | 42 | 2 | 2 | 2 | 24 | 13 | |
North Carolina | 2 | 9 | 21 | 1 | 4 | 12 | 28 | 11 | 16 | 41 | 17 | 17 | |
Virginia | 3 | 32 | 24 | 6 | 2 | 28 | 7 | 13 | 6 | 34 | 35 | 3 | |
Florida | 4 | 21 | 11 | 15 | 1 | 4 | 35 | 4 | 7 | 40 | 30 | 37 | |
Washington | 5 | 16 | 3 | 36 | 28 | 45 | 9 | 9 | 15 | 9 | 43 | 1 | |
Missouri | 6 | 11 | 25 | 22 | 20 | 13 | 32 | 21 | 22 | 20 | 10 | 20 | |
Georgia | 7 | 15 | 26 | 9 | 3 | 26 | 34 | 8 | 9 | 43 | 26 | 19 | |
Minnesota | 8 | 6 | 10 | 47 | 6 | 44 | 8 | 20 | 10 | 33 | 33 | 9 | |
Ohio | 9 | 12 | 32 | 7 | 30 | 35 | 36 | 7 | 5 | 38 | 15 | 11 | |
Illinois | 10 | 5 | 23 | 31 | 23 | 37 | 16 | 5 | 4 | 47 | 32 | 7 |