US Envoy Calls for Reducing Sri Lanka Non-Tariff Barriers

US envoy calls for reducing Sri Lanka non-tariff barriers

Why Trump’s Tariff Isn’t Really 20%, closer to 28% — and the Risks of Reciprocity for Sri Lanka - LNW Lanka News Web

By Adolf The recent US tariff announcement, according to IPS research, has reignited debate on the real burden of trade barriers. While headlines reference a “20% tariff” on key imports, the effective rate faced by Sri Lanka is significantly higher — closer to 28–30% when weighted across products, sectors, and tariff structures. Understanding this gap is critical for policymakers and exporters. Why 20% Isn’t Really 20% Tariffs are rarely applie…

SRI LANKA APPAREL SECTOR BRACES FOR IMPACT FROM TRUMP'S 20% TARIFF

From apparel brands like Gap, Levi’s and Columbia Sportswear to designer labels like Calvin Klein, Ralph Lauren and Tommy Hilfiger to lingerie boutique Victoria’s Secret Nikkei – August 8, 2025 COLOMBO — From apparel brands like Gap, Levi’s and Columbia Sportswear to designer labels like Calvin Klein, Ralph Lauren and Tommy Hilfiger to lingerie boutique Victoria’s Secret, Sri Lanka has long been recognized as an ethical and trusted apparel sourc…