Sri Lanka, April 13 -- As US President Donald Trump's administration implements new, potentially broader tariffs, the global economic landscape braces for further volatility. This development, coupled with existing trade tensions, casts a long shadow over Sri Lanka, where the Sri Lankan Rupee (LKR) faces mounting pressure.

Financial analyst Murtaza Jafferjee, speaking to Hiru News, painted a concerning picture of Sri Lanka's vulnerability amidst this global uncertainty. "It is not only trade flows," Jafarjee emphasized, highlighting the complex interplay of financial markets and trade dynamics. He pointed out that focusing solely on merchandise trade deficits, as the Trump administration often does, overlooks the significant US surplus i...