Sri Lanka Urges US to Reconsider Tariff Policies

COLOMBO (News 1st); Sri Lanka's Minister of Foreign Affairs, Foreign Employment, and Tourism, Vijitha Herath, and the US Ambassador to Sri Lanka, Julie Chung, held talks on addressing the impact of the United States' tariff policies on Sri Lanka.

During the meeting, both parties extensively reviewed the current trade relations between Sri Lanka and the United States, emphasizing the potential effects of the new US tariff policies on Sri Lanka's export sector.

The necessity to reassess these policies was highlighted, especially considering Sri Lanka's ongoing recovery from the severe economic crisis faced in 2022 and the implementation of International Monetary Fund programs without hindrance.

Ambassador Chung also made a note of the meeting on X (formerly twitter) noting that she had a productive discussion with Foreign Minister Vijitha Herath on rebalancing Sri Lanka’s trading relationship with the U.S.

She had emphasized the importance of reciprocal treatment for U.S. exports.

A fair, balanced trade relationship supports economic growth, creates jobs, and strengthens industries in both our countries, she noted.