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Sri Lanka Coconut Product Exporters Raise Alarm over 30-Pct Trump Tariff

Summary by EconomyNext
ECONOMYNEXT – Sri Lanka’s coconut exporters have warned that a 30 percent Trump tariff will hit 20 percent of annual exports as competitors have got access at much lower rates to the United States. Out of 857 million dollars of annual exports 160 million went to the US. “Competing suppliers such as the Philippines, Vietnam, and India enjoy preferential trade access, meaning Sri Lankan products, despite their globally renowned quality, will be si…
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Lanka News Web (LNW) broke the news in on Tuesday, July 15, 2025.
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