<h1>Government and stakeholders mobilize relief, trade diplomacy, and export diversification after US imposes 50% tariffs on exports</h1> A senior government economic adviser reported that the government and stakeholders are actively responding to newly imposed US tariffs that raise duties on certain exports to 50%, coordinating ministries and export bodies to devise short-term time and financial relief measures and to pursue diplomatic and trade remedies. Negotiations on a bilateral trade agreement have been delayed by unexpected developments. The adviser noted potential legal and commercial impacts including penal tariffs linked to third-country oil purchases, and urged export diversification, FTAs, domestic tax and GST rationalisation, and incentive schemes to preserve competitiveness while the government pursues deregulation and engagement with the US to resolve the tariff measure.