The US is set to revise import tariffs on 60 trading partners including Sri Lanka from today (24). Accordingly, the Trump administration has decided to impose new import tariffs of 10% and 12.5% on those countries.
Accordingly, a 10% tariff has been imposed on goods imported from 17 countries including Sri Lanka.
This tariff group includes Argentina, Bangladesh, Cambodia, Canada, Ecuador, El Salvador, Guatemala, Honduras, India, Indonesia, Jordan, Malaysia, Mexico, Pakistan, the United Kingdom and Trinidad and Tobago.
The same percentage applies to imports from the European Union or Taiwan.
The United States has decided to implement a 12.5% tariff on imports from Algeria, Angola; Australia, Bahamas, Bahrain, Brazil, Chile, China, Colombia, Costa Rica, Dominican Republic, Egypt, Guyana, Hong Kong, Iraq, Israel, Japan, Kazakhstan, Kuwait, Libya, Morocco, New Zealand, Nicaragua, Nigeria, Norway, Oman, Peru, Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Switzerland, Thailand, Turkey, United Arab Emirates, Uruguay, Venezuela and Vietnam.