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Sri Lankan delegation to work with US in reducing trade deficit, tariffs

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..... Sri Lankan delegation to work with US in reducing trade deficit, tariffs
PTI News
Dated:- 25-4-2025
PTI
Colombo, Apr 25 (PTI) Sri Lanka has expressed its readiness to work with the US gove .....

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..... rnment over its move to impose tariffs to deal with the trade deficit, a statement from President Anura Kumara Dissanayake’s office said on Friday. “Sri Lankan delegation highlighted the prompt and .....

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..... positive commitment of the Sri Lankan government to work with the US in reducing the trade deficit, and lowering tariff and non-tariff barriers," the statement said. This was discussed at the Sri La .....

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..... nkan delegation's meeting with US Trade Representative Ambassador Jamieson Greer on April 22 in Washington. The delegation updated Greer about the challenges faced by the island nation in the past a .....

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..... nd the steps being taken to overcome future issues and move towards full economic recovery. Sri Lankan exports to the US are valued at USD 3 billion, mostly apparel and rubber goods. The new tarif .....

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..... fs made Sri Lankan exports subject to a 44 per cent tax as the island nation taxed US imports at 88 per cent. Analysts said the new US tariff bands would cause depleted volumes in orders. PTI CORR P .....

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News - Press release - PIB .....

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