Tag: Implications of 44-pct US Tariff on SL Trade & Strategic Response: Assessing Economic Impact
Implications of 44-pct US Tariff on SL Trade & Strategic Response: Assessing Economic Impact
By Dr Gayan GunewardanaBSc, MBA, GARF/FRM, CIMA/CGMA, AIB, Ph.D. Introduction The imposition of a 44% reciprocal tariff by the U.S. on Sri Lankan exports, particularly on key sectors such as apparel, has introduced significant risks to the country’s export-driven economy. As the U.S. represents over 40% of Sri Lanka’s apparel export market, this steep tariff increase is […]