Stock Ticker

Its Trump vs. Sri Lanka now. Trump hits Sri Lanka with a 30% tariff.

Trump hits Sri Lanka with a 30% tariff.

The United States and Sri Lanka maintain a significant trade relationship, with total bilateral trade reaching approximately $3.4 billion in 2024. The U.S. imported about $3.0 billion worth of goods from Sri Lanka, while exporting $368.2 million to the island nation, resulting in a trade deficit of $2.6 billion in favor of Sri Lanka .

Sri Lanka’s exports to the U.S. are predominantly in the apparel sector, accounting for over 70% of its exports to the U.S. in 2024 . Other significant exports include tea, rubber, and fish. The U.S. is Sri Lanka’s largest export market, comprising 23% of the country’s total merchandise exports in 2024 .

Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

Rachel McAdams Gives Emotional Tribute to Diane Keaton at the 2026 Oscars

Strait of Hormuz ship traffic collapses to zero amid conflict, energy corridor shuts

‘One Battle After Another’ Beats ‘Sinners’ For Best Picture at 2026 Oscars

China says economy off to solid start but demand remains weak