Netanyahu: Israel will eliminate trade deficit with U.S.

Key Concepts:

• Trade deficit elimination with the United States
• Elimination of trade barriers
• Free trade vs. Fair trade
• Rapid implementation of solutions

Trade Deficit and Barrier Elimination

The speaker states a commitment to eliminate the trade deficit with the United States "very quickly," emphasizing that this is the "right thing to do." This commitment extends to eliminating "a variety of trade barriers that have been put up unnecessarily."

Israel as a Model

The speaker suggests that Israel can serve as a model for other countries in addressing trade imbalances with the United States. This implies that Israel has taken or is willing to take steps that other nations should emulate.

Free Trade and Fair Trade

The speaker acknowledges the United States' position regarding tariffs, where other countries impose tariffs on the US while the US does not reciprocate. The speaker identifies as a "free trade champion" but qualifies this by stating that "free trade has to be fair trade." This suggests a belief that trade should be reciprocal and equitable.

Rapid Implementation and Results-Oriented Approach

The speaker emphasizes a focus on "results" rather than "intentions" or "words." They mention a conversation with Secretary Lucknik (presumably a misspelling of Secretary Lighthizer, then U.S. Trade Representative) about how to "affect this quickly" and express hope to bring a solution "very quickly." This highlights a commitment to swift action and tangible outcomes.