Sri Lanka’s Garment Industry at Risk Due to 44% US Tariff, Expert Warns

The imposition of a 44 percent tariff on Sri Lankan exports under US President Donald Trump’s reciprocal tariff policy will severely impact the country’s garment industry, warned Felix Fernando, Vice President of the Joint Apparel Association Forum (JAAF). He cautioned that the tariff could put 350,000 direct jobs at risk and jeopardize Sri Lanka’s total … Continue reading Sri Lanka’s Garment Industry at Risk Due to 44% US Tariff, Expert Warns