20:54 (IST) Apr 10Sri Lankan opposition parties and President Anura Kumara Dissanayake met here on Thursday to discuss the impact from the new Trump tariffs. The opposition demanded urgent government attention claiming that Sri Lankan exports would be hit by the US tariffs. Countries subject to the pause will now be tariffed at 10 per cent with the exception of China which faces a 125 per cent tariff. The opposition claimed the tariff would shut garments factories causing a severe impact on the island nation's economy. The president and the opposition share almost the same opinion on the issue," the opposition's main economic spokesman Harsha de Silva told reporters.

Source: The Times April 11, 2025 08:49 UTC