The US president also announced he would seek to launch an 'External Revenue Agency' on April 2 to collect tariffs.
The United Nations says it will reduce its footprint in Gaza amid Israel’s renewed assault on the strip.
Protests are held over Benjamin Netanyahu's plan to sack the Shin Bet chief and the attorney general.
The US State Department blamed Hamas for Israel's killing of two journalists in Gaza, including one from Al Jazeera.