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Trump Administration Imposes Shock 44% Tariff on Sri Lankan Imports; LKR Plummets Against USD
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Trump Administration Imposes Shock 44% Tariff on Sri Lankan Imports; LKR Plummets Against USD

WASHINGTON D.C. / COLOMBO – The Trump administration today delivered a significant blow to US-Sri Lanka trade relations, announcing the immediate imposition of a hefty 44% tariff on […]

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News about Sri Lankan Rupee

  • There's a ceasefire in Iran but the war's ripples are still hitting millions
    It has been more than two months since the US and Israel launched strikes in Iran. But the impact of…
    May 17, 2026
  • There will be a price increase in other imported goods as well, excluding vehicles, in the coming days.
    The government is currently focusing on several new measures aimed at controlling the rapid increase in the country's import expenditure…
    May 17, 2026
  • Vehicle prices rise due to new tax increases
    The Ministry of Finance has taken steps to impose a 50 percent surcharge on customs import duties levied on vehicles…
    May 16, 2026
  • Sri Lanka imposes 50% surcharge on car imports to protect currency from further slide
    President Anura Kumara Dissanayake announced a 50% surcharge on customs duties for specified imported goods, effective May 16 for three…
    May 16, 2026
  • Officially introduces PayPal to Sri Lanka
    Marking a historic turning point in Sri Lanka's digital economy sector, the official announcement regarding the expansion of PayPal services…
    May 15, 2026
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