Sri Lanka, April 4 -- The Ceylon Chamber of Commerce (CCC) yesterday urged all stakeholders to collaborate in ensuring that Sri Lanka's trade interests are safeguarded while actively pursuing diplomatic and policy-driven solutions to sustain and strengthen its export sector.
While expressing deep concern over the imposition of a 44 percent tariff on Sri Lankan exports to the United States, the CCC said it remains committed to working closely with the government to develop a coordinated and strategic response to mitigate the potential economic impact of these tariffs.
With the US accounting for approximately US$ 3 billion in exports and 25 percent of Sri Lanka's total merchandise export, this development poses a significant challenge to t...