Sri Lankan Exporters Alarmed over Proposed 30 per Cent US Tariff

Sri Lankan exporters alarmed over proposed 30 per cent US tariff

Colombo: Sri Lankan exporters have raised concerns over a proposed 30 per cent tariff on the country’s goods entering the US, even as President Anura Kumara Dissanayake says “discussions are ongoing to secure the maximum possible concessions.” The Exporters Association of Sri Lanka (EASL) in a statement on Friday urged the government to intensify negotiations with the US before the August 1 deadline. Calling the proposed rate unsustainable, EASL…

President says US tariff cut achieved through talks, further reductions sought

President Anura Kumara Dissanayake stated that, as a result of recent discussions with the United States, the previously imposed reciprocal tariff rate on Sri Lanka was successfully reduced from 44% to 30%. MORE..

Sri Lanka President meets exporters, discusses Trump tariff

ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayake had met exporters and discussed the Trump tariff and possible challenges to the economy, his office said in a statement. “The President stated that the objective of the government is to implement changes that will benefit the country’s economy, businesses, the business community and the well-being of its citizens,” the statement said. “The meeting focused on the progress of discussions r…

Sri Lanka President expects further U.S. tariff relief after initial cut

Secretary to the Ministry of Finance Dr. Harshana Suriyapperuma / President Anura Kumara Dissanayake Sri Lankan President Anura Kumara Dissanayake announced that, following recent discussions with the United States, Sri Lanka was able to secure a reduction in the previously imposed reciprocal tariff by the United States from 44% to 30%. He further emphasized that ongoing dialogue will continue in order to obtain additional concessions. The Presi…