Sri Lanka has expressed its readiness to work with the US government over its move to impose tariffs to deal with the trade deficit, a statement from President Anura Kumara Dissanayake라이브 바카라 office said on Friday.
“The Sri Lankan delegation highlighted the prompt and positive commitment of the Sri Lankan government to work with the US in reducing the trade deficit and lowering tariff and non-tariff barriers," the statement said.
This was discussed at the Sri Lankan delegation's meeting with US Trade Representative Ambassador Jamieson Greer on April 22 in Washington.
The delegation updated Greer about the challenges faced by the island nation in the past and the steps being taken to overcome future issues and move towards full economic recovery.
Sri Lankan exports, mostly apparel and rubber goods, to the US are valued at USD 3 billion per year.
The US has announced that Sri Lankan imports would be subjected to a 44 per cent tax. It says Sri Lanka taxes US goods at 88 per cent.
