Israeli companies are responding to the tariffs imposed by the Trump administration, with some enacting hiring freezes and others reconsidering business plans. The new policy includes a 17% tariff on Israeli goods exports. Manufacturing companies are the first to be affected, with some entering a state of 'cautious waiting' and freezing non-critical hiring. Construction and real estate markets may also be affected, as well as technological developments and investments. However, the impact on the high-tech sector, which makes up a significant portion of Israel's exports to the US, is expected to be minimal.