❓ Will Israel spoil ties with the US by sidelining the dollar?
💱 Starting in 2022, the breadbasket of Israeli money will also include Canadian, Australian and Japanese currency, in addition to yuan.
🇮🇱 Israel’s move is hardly surprising, especially given that Israel is moving towards signing a free trade agreement with China, reportedly by the end of 2022, Dr. Alex Coman, an expert of economics at Tel Aviv University, says.
🤔 According to the shaping deal reported by the Israeli press, there will be no customs duties on most Chinese goods in bi-lateral trade, while others will see a significant reduction in tariffs.
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