Trade worry: Sri Lankan exporters flag 30% proposed US tariff;...

added a post in Business

2025-07-12 12:15:09 -

Trade worry: Sri Lankan exporters flag 30% proposed US tariff; Apparel, rubber sectors may take hit

Sri Lankan exporters are concerned about a potential 30 percent tariff on goods entering the United States. The Exporters Association of Sri Lanka urges the government to negotiate with Washington before August 1. They highlight that competitor nations face lower tariffs. The association advises exploring new international markets to protect the economy from trade shocks.

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