US tariff blow puts SL's US $ 857mn coconut export industry at risk: Industry

The Ceylon Chamber of Coconut Industry (CCCI) yesterday issued an urgent appeal to the government in response to the US' decision to impose a 30 percent import tariff on coconut-based products from Sri Lanka, effective August 1, 2025.

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The move threatens to upend one of the country's most valuable export sectors, which currently generates over US $ 857 million in annual revenue and risks pushing thousands of rural livelihoods into uncertainty.