Month: February 2026
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Sri Lanka’s Path Forward: Managing Tariffs Amidst a Turbulent US Trade Landscape
by
in Latest NewsThe recent ruling by the US Supreme Court has significantly reduced Sri Lanka’s overall tariff from approximately 31% to 21.6%, with the apparel sector experiencing nearly a 10-point decrease. Additionally, more Sri Lankan products now qualify for tariff exemptions, providing an additional USD 65 million worth of exports with tariff-free access. The potential for further
