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    <title>Sri Lanka appoints committee to assess impact of new US trade tariff</title>
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    <description>Sri Lanka has appointed a high-powered committee to assess the economic implications of newly announced US reciprocal tariffs, focusing on impacts to exports-particularly apparel and rubber-competitiveness, employment, and foreign-exchange receipts. The government plans to use the committee&#039;s findings to pursue diplomatic engagement with US officials and to evaluate domestic mitigation and trade-policy adjustments amid an IMF-led economic recovery, while analysts and political opponents call for preemptive measures to protect export revenue and sectoral employment.</description>
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