website hit counter
Thursday, July 10, 2025
Thursday, July 10, 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.”

Latest articles

Siyam Daham Pilgrimage Concludes with Ceremony at Sri Dalada Maligawa

The Siyam Daham Padayatra, a spiritual foot pilgrimage that began at the sacred Kirivehera...

Sri Lankan Exports Face Fresh 30% U.S. Tariff as Trump Revives Trade Offensive – Full letter

Sri Lanka is among seven countries hit with steep new U.S. tariffs under a...

Only Police Can Use and Possess Legitimate Handcuffs: Spokesperson

Only officers attached to institutions responsible for maintaining law and order are legally permitted...

Dr Maheshi Wijeratne’s Daughter Granted Bail

Colombo Magistrate’s Court today (9) granted bail to Hemali Anithra Wijeratne, daughter of Dr...

More like this

Siyam Daham Pilgrimage Concludes with Ceremony at Sri Dalada Maligawa

The Siyam Daham Padayatra, a spiritual foot pilgrimage that began at the sacred Kirivehera...

Sri Lankan Exports Face Fresh 30% U.S. Tariff as Trump Revives Trade Offensive – Full letter

Sri Lanka is among seven countries hit with steep new U.S. tariffs under a...

Only Police Can Use and Possess Legitimate Handcuffs: Spokesperson

Only officers attached to institutions responsible for maintaining law and order are legally permitted...