Sri Lanka, April 4 -- Sri Lanka's export industry is facing a significant challenge following the United States' decision to impose a 44% reciprocal tariff on Sri Lankan products. The tariff imposed by the U.S. presents a formidable challenge to Sri Lanka's exports to the U.S, particularly the apparel industry.

Tea, and Other Exports Also at Risk. Tea exports could decline if higher tariffs make Sri Lankan tea less competitive against suppliers like India, Kenya, and China. Other products, including spices, seafood, and coconut-based goods, will face similar cost pressures, making it harder for Sri Lankan exporters to maintain their market share in the USA.

With the U.S. being a major destination for apparel and other key exports such a...