Srilanka, July 12 -- India could pose sti competition to Sri Lanka and the Philippines for nearly a fth of their exports to the United States as both countries are facing high import duties under new US trade arrangement, according to an analysis.

The impact is expected to be sharper for Sri Lanka, where 21 percent or $618 million of its $2.98 billion exports to the US in 2023 could now face Indian competition. The island nation has been subjected to a 30 percent duty under the revised tari regime announced by US President Trump on July 9.

The aected Sri Lankan exports include precious stones such as rubies and sapphires, along with garments such as men's shirts, nightwear, and jerseys. Sri Lankan tea may also face pressure from Indian...