Sri Lanka-US trade: 90 days and no-deal later

Sri Lanka may be a small player in global trade, but the recent US tariff hike is a big wake-up call.     "Sri Lanka obviously cannot flatten its trade deficit of over US$2 billion by simply buying more from the US. Further negotiations are possible, but a beneficial bilateral deal seems far from the horizon. Transshipping is not feasible. A 30% tariff looms. Repercussions are significant."

Rehana Thowfeek breaks down how Trump's 'Liberation Day' tariffs affect Sri Lanka and what urgent reforms we need to stay competitive.

Click the below link to view the article:

https://www.themorning.lk/articles/hyk2CnGIYwmotswlOJ5R