Home #US Tariffs

#US Tariffs

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Sri Lanka grants host of concessions to US in tariff negotiations – Sunday Times report

Sri Lanka granted the United States a wide range of concessions in exchange for the US reducing its “reciprocal tariff” on Sri Lankan...

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US tariff cut linked to security deal? UNP presses Govt for transparency

The United National Party (UNP) has welcomed the reduction in reciprocal tariffs imposed on Sri Lanka by the United States, while urging the...

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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%...

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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...

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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...

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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...

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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...

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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...