header logo
සිංහලதமிழ்
Vallibel FD
vallible LE
Latest
Sri Lanka to establish Action Task Force to address US tariff challenges - Foreign Minister
Mar 15, 202501:54 PM
Google NewsAdd on Google
Sri Lanka to establish Action Task Force to address US tariff challenges - Foreign Minister
Mobitel inner 1278

Sri Lanka’s Foreign Minister Vijitha Herath informed Parliament today (15) that an action task force will be established to address the challenges posed by the evolving global tariff structures resulting from the policies of newly elected U.S. President Donald Trump.

 

“We are facing significant challenges due to the tax policies introduced by President Donald Trump. Currently, Sri Lanka exports approximately $3 billion worth of goods to the United States, while our imports from the U.S. stand at around $368 million. Given our substantial export market, it is crucial to assess the impact of these policies,” the Minister stated.

 

He added that in order to formulate an effective response, experts and scholars have been brought together through the Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) to develop a strategic plan.

 

“The initial groundwork has already been laid, and necessary measures will be implemented through the newly formed action task force,” he added.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
PSTA draws widespread opposition from civil groups; Several protests planned against the Bill

PSTA draws widespread opposition from civil groups; Several protests planned against the Bill

Parliament heated over no-confidence motion against Speaker; SJB stages protest within the chamber

Parliament heated over no-confidence motion against Speaker; SJB stages protest within the chamber

Namal Rajapaksa granted bail in Krrish bribery case based on exceptional circumstances by court

Namal Rajapaksa granted bail in Krrish bribery case based on exceptional circumstances by court

"PSTA will cause serious damage to the country" Opposition says PSTA an attempt to suppress dissent

"PSTA will cause serious damage to the country" Opposition says PSTA an attempt to suppress dissent

Crowds flock to IRD offices amid new TIN requirement; IRD urges public to avoid unnecessary visits

Crowds flock to IRD offices amid new TIN requirement; IRD urges public to avoid unnecessary visits

More opposition against new security bills Govt too incompetent to govern the country – Sajith

More opposition against new security bills Govt too incompetent to govern the country – Sajith

Prices of petrol and diesel increased; Bus, three-wheeler and other TUs dismayed by fuel price hike

Prices of petrol and diesel increased; Bus, three-wheeler and other TUs dismayed by fuel price hike

Govt promises substantial relief through Budget; Opposition says govt continuing to increase taxes

Govt promises substantial relief through Budget; Opposition says govt continuing to increase taxes

No fuel price revision for November? Public turns to social media amid shortage of LP gas

No fuel price revision for November? Public turns to social media amid shortage of LP gas

Sri Lanka's tax arrears near Rs. 2.1 trillion IMF calls for reforms citing collection challenges

Sri Lanka's tax arrears near Rs. 2.1 trillion IMF calls for reforms citing collection challenges

Policymakers must ensure equal access to AI - SCU Vice-Chancellor Prof. Tyrone Carlin on Hyde Park

Policymakers must ensure equal access to AI - SCU Vice-Chancellor Prof. Tyrone Carlin on Hyde Park

Courts must be independent and ensure governments act within the law - SC Justice Yasantha Kodagoda

Courts must be independent and ensure governments act within the law - SC Justice Yasantha Kodagoda

Taxpayer Identification Number to be mandatory for certain transactions from Nov. 1

Taxpayer Identification Number to be mandatory for certain transactions from Nov. 1

16-year-old hospitalised with gunshot wounds after police fire on three-wheeler in Kadawatha

16-year-old hospitalised with gunshot wounds after police fire on three-wheeler in Kadawatha

'Kassapa Thero and I visited the hotel on separate days'- Sarath Weerasekara responds to controversy

'Kassapa Thero and I visited the hotel on separate days'- Sarath Weerasekara responds to controversy

Lassana Flora