Trump More Than Doubles Tariffs on Sri Lanka

US President Donald Trump has issued a new tariff letter, adding Sri Lanka to his list of tariffs.

The letter reduces the 44% tariff imposed in April on goods imported from Sri Lanka to 30%. However, before April, the US imposed a 12.2% tariff on Sri Lankan goods.

Accordingly, the existing tariff on Sri Lanka has been more than doubled.

A copy of the letter has been posted on the President’s Truth Social social media platform.