website hit counter
Sunday, August 31, 2025
Sunday, August 31, 2025

HomeNewsOpposition Leader Blames Government for 30% U.S. Tariff on Sri Lankan Exports

Opposition Leader Blames Government for 30% U.S. Tariff on Sri Lankan Exports

Opposition Leader Blames Government for 30% U.S. Tariff on Sri Lankan Exports

spot_img

Opposition Leader Sajith Premadasa has criticised the government’s handling of international trade negotiations, following the announcement that a 30 percent tariff will be imposed by the United States on imports from Sri Lanka starting 1 August.

In a post shared on platform X, Premadasa said the tariff was the direct result of weak diplomatic engagement and failure to seek broad-based support during negotiations.

“A 30% U.S. tariff on Sri Lankan exports is the price we pay for poor negotiation,” he wrote, warning that nearly USD 3 billion in export revenue is now at risk.

He went on to suggest that overconfidence and insular policymaking had hindered Sri Lanka’s ability to secure favourable outcomes on the global stage. “Our ego kept us from seeking every ally, every expert hand, and now nearly $3 billion in exports hangs in the balance,” Premadasa stated.

Taking a jab at the government’s approach to economic diplomacy, the Opposition Leader added, “This is a good case study on how textbook experts are not meant for real world negotiations.”

spot_img

Latest articles

Indonesian Police Officers Felicitated for Kehelbaddara Padme Arrest Operation

Commemorative plaques were presented to Indonesian police officers who played a key role in...

Police Team to Bring Back Kehelbaddara Padme, others from Indonesia

A special police team is scheduled to leave for Indonesia today (30) to escort...

Teen Remanded for Brutal Attack on Dog in Nanuoya

A 17-year-old youth from Edimbrough Estate, Nanuoya, has been remanded until 10 September after...

Gazette to Make Seat Belts Compulsory on Highway Buses on 31 August

A gazette notification making it compulsory for passengers traveling in buses on expressways to...

More like this

Indonesian Police Officers Felicitated for Kehelbaddara Padme Arrest Operation

Commemorative plaques were presented to Indonesian police officers who played a key role in...

Police Team to Bring Back Kehelbaddara Padme, others from Indonesia

A special police team is scheduled to leave for Indonesia today (30) to escort...

Teen Remanded for Brutal Attack on Dog in Nanuoya

A 17-year-old youth from Edimbrough Estate, Nanuoya, has been remanded until 10 September after...