Ready to revise Sri Lanka bailout after US tariffs: IMF

Ready to revise Sri Lanka bailout after US tariffs: IMF

The International Monetary Fund on Tuesday offered to revise the terms of a $2.9 billion bailout loan to cash-strapped Sri Lanka, should the United States reinstate punitive tariffs on exports. MORE..

Trump Tariffs to Have Significant Impact on Sri Lanka: IMF

Get latest articles and stories on World at LatestLY. The new 44 per cent Trump tariff on Sri Lankan exports to the US would have a significant impact, the IMF said on Tuesday. World News | Trump Tariffs to Have Significant Impact on Sri Lanka: IMF.

Ready to revise Sri Lanka bailout after US tariffs: IMF - LankaXpress

The International Monetary Fund on Tuesday offered to revise the terms of a $2.9 billion bailout loan to cash-strapped Sri Lanka, should the United States reinstate punitive tariffs on exports. The administration of US President Donald Trump this month imposed a 44 percent tariff on imports, including garments and rubber, from the South Asian island nation, which is struggling to recover from its economic meltdown in 2022. The prohibitive tariff…

Sri Lanka-US trade talks still on: Cabinet Spokesman

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Sri Lanka Eyes China Trade Pact amid Rising US Tariff hike and Indo-Pak Issue - LNW Lanka News Web

By: Staff Writer April 29, Colombo (LNW): In a crucial diplomatic maneuver, Sri Lanka is reportedly preparing to host Chinese Commerce Minister Wang Wentao in June 2025, amid intensifying global trade tensions triggered by new U.S. tariffs. Although the visit has not been officially confirmed, mounting signs point to a deepening economic partnership between Colombo and Beijing, driven by urgent economic imperatives and shifting geopolitical dyna…

Sri Lanka should safeguard “legitimate rights” in facing Trump’s tariff: Chinese envoy