Trump Tariffs Impact Sri Lanka: IMF

Colombo, Apr 29 (PTI) The new 44 per cent Trump tariff on Sri Lankan exports to the US would have a significant impact, the IMF said on Tuesday.

The International Monetary Fund (IMF) is open to accommodating the impact in implementation of the Extended Fund Facility (EFF), Evan Papijorju, IMF Mission Chief for Sri Lanka, told an online press conference from the US capital. Papijorju said the impact on the apparel and rubber industries accounts for a very large share of the country’s exports to the United States…..| read more on Rediff