Ceylon Chamber Welcomes Reduction in US Labour-Related Tariff 📈

• Key Duty Adjustment: The US labor-related export tariff on Sri Lankan goods has been reduced from 12.5% to 10%. • Driver & Engagement: The reduction follows sustained engagement, evidence-based advocacy, and constructive dialogue between Sri Lankan authorities, US counterparts, and the local private sector. • Impact on Trade: Provides immediate relief to local exporters navigating global market uncertainties and helps maintain national market access and competitiveness. • Long-Term Vision: The Chamber urges continued engagement with US officials to establish a stable, long-term trade framework to minimize exporter uncertainty.