US in an attempt to cripple the Iron Dome production

 

In an unprecedented legal proceeding, the American government opened an investigation into Finkelstein Metals and is examining the government's conduct, Maariv reported Wednesday morning.

According to the American authorities, grants received by the company due to activities in a development zone constitute a prohibited government subsidy, and they allowed the company to sell its products in the US at inflated prices. The decision to open the investigation and sanctions against Finkelstein has puzzled Israeli officials.

The scope of Finkelstein's activities in the US is minimal compared to the American complainants, and it holds less than 3% of the market share in the US. However, this is about 75% of its sales volume. The American administration's claim also contradicts the trade agreement between the two countries, which has existed for decades.

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