Colombo, April 17 -- In its bid to retain access to the U.S. market in the wake of reciprocal tarrifs, Sri Lanka has proposed to do away with para tarrifs on imports from the U.S., Daily Mirror learns.
U.S. President Donald Trump slapped reciprocal tarrifs on imports including 44 percent on Sri Lankan products.
Later, he introduced a 90 day pause on such tarrifs except for those coming from China. The Sri Lankan government is currently in the process of exploring ways and means to get redress from the U.S.authorities. The government also had an all party meeting before New Year to explore a common approach to deal with the matter.
The government, in the meantime, has proposed to scrap para tarrifs on imports from the U.S. in its attemp...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.