#US Tariffs
EU delays retaliatory trade tariffs against US
The EU’s retaliatory tariffs on US exports have been delayed again, European Commission President Ursula von der Leyen has announced. The countermeasures, which...
Sri Lanka’s 18 pc VAT on digital services angers Trump?
An 18 per cent VAT on non-resident digital services providers, effective from October and mainly targeting IT firms based in the United States,...
US tariff leaves Sri Lankan seafood at a competitive disadvantage
The Seafood Exporters’ Association of Sri Lanka (SEASL) has raised serious concerns over the recent reduction in US import tariffs on Sri Lankan...
Senior presidential advisor says US tariff hike could push apparel duties to 40%
Senior Economic Adviser to the President, Duminda Hulangamuwa, said that the proposed 30% tariff on Sri Lankan exports to the United States is...
US tariffs on Sri Lanka and Philippines may shift trade advantage to India
India could pose stiff competition to Sri Lanka and the Philippines for nearly a fifth of their exports to the United States as...
US tariffs: Govt inaction could cost thousands of jobs in rubber sector
The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) has called on the Government to intensify negotiations with the United...
New US tariff to affect very adversely on Sri Lankan exports
The tariff newly-imposed by the US will have a very adverse effect on Sri Lankan exports, said professor of economics Priyanga Dunusinghe of...
Sri Lanka’s apparel industry alarmed by US tariff of 30%, hopes for cut
Distress is in store for Sri Lanka’s garments sector if the island nation is unable to clinch a tariff lower than the 30%...
