Sri Lanka faces 12.5% US tariff as apparel rivals win cheaper deals
Wednesday, June 3rd, 2026Hiru News The Trump administration on Tuesday proposed imposing additional duties of 10% or 12.5% on imports from 60 economies, after determining that their failures to curb trade in goods made with forced labour are unreasonable and restrict US commerce. Sri Lanka is among the 45 countries assigned the higher 12.5% rate — a bracket […]
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