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#US Tariffs

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Sri Lanka

Trump reduces tariffs on Sri Lankan goods to 20%

U.S. President Donald Trump has signed an executive order reducing tariffs on Sri Lankan goods to 20%, down from the initially announced 44%...

Business

No zero-tariff deal: Sri Lanka falls short in US trade talks

While Sri Lanka remains hopeful of concluding a proposed trade agreement with the United States before August, the Government has made it clear...

Sri Lanka

Sri Lanka’s fragile economy hit by US tariffs, GSP+ uncertainty

Sri Lanka is grappling with two significant external economic threats that could impact its fragile recovery, prompting the International Monetary Fund (IMF) to...

Sri Lanka

Sri Lanka to procure US West Texas Intermediate crude oil?

The government is reportedly looking at the possibility of procuring US West Texas Intermediate (WTI) crude oil in a bid to reduce the...

Sri Lanka

Sri Lanka vital to U.S. economy, says Deputy Minister

Deputy Minister of Land and Irrigation, Susil Ranasinghe, has claimed that in the present global economic context, the United States needs Sri Lanka...

Sri Lanka

Govt misleads public on U.S. trade talks

Deputy Minister of Finance Prof. Anil Jayantha has admitted to making an error in a previous statement in which he claimed that Sri...

Sri Lanka

Leverage ISB debt resettlement to ease U.S. tariffs – Ranil

Former President Ranil Wickremesinghe has called on the government to use Sri Lanka’s debt restructuring programme, particularly concerning international sovereign bonds (ISBs), as...

Sri Lanka

Deputy Minister says US offers 0% duty on 70–80% of Sri Lankan exports

The United States has offered to accept 70 to 80% of products exported from Sri Lanka without imposing any tariffs, Deputy Minister of...