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The U.S. imposes a 30% tariff on Sri Lankan imports starting August 1, targeting a $3.4 billion trade relationship.
The U.S. has announced a 30% tariff on imports from Sri Lanka, effective August 1, 2025, impacting a trade relationship worth $3.4 billion in 2024. The U.S. imported $3 billion in goods, mainly apparel, tea, rubber, and fish, representing 23% of Sri Lanka's total exports. The move aims to address a $2.6 billion trade deficit in favor of Sri Lanka and critiques Sri Lanka's trade practices.
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