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flag US tariff pause helps Sri Lanka's stock market surge, but economic recovery remains fragile.

flag Sri Lanka faces economic challenges due to 44% tariffs imposed by the US, impacting its exports and foreign currency earnings. flag The country's debt crisis is exacerbated as it struggles to recover from a severe economic downturn. flag The US has paused the tariff increase for 90 days, leading to a surge in Sri Lanka's stock market. flag However, the Asian Development Bank warns that Sri Lanka's economic recovery remains fragile and requires continued fiscal discipline to manage future debt repayments. flag The government is actively engaging in dialogue with the US to negotiate better terms and is exploring alternative trade strategies to mitigate the impact.

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