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

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

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....nment 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 a....

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....nd 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....

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.... Lankan 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 pas....

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....t and 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 ta....

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....riffs 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 COR....

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....R PY PY<BR> News - Press release - PIB....