The 20% Export Tariff: How Sri Lankan Manufacturers Can Turn Threat into Opportunity

Breaking: August 1st marked the implementation of a devastating 20% U.S. reciprocal tariff on all Sri Lankan exports. This isn’t just another trade headline—it’s a direct assault on roughly US $3 billion in annual shipments, with the apparel sector bearing 40% of the impact. For an industry employing 300,000 workers and contributing $4.8 billion annually, […]