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Rubber exporters warn of US market loss amidst tariff talks
The Island
|July 21, 2025
(PTI) Ahead of the 01 August deadline for further negotiations on the tariffs imposed by the Trump administration, the Sri Lankan rubber exporters said they faced the threat of losing the US market unless a better deal was worked out.
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Kamal Silva, a spokesman for the exporters, said the tariff must be kept between 15 and 20 percent to retain their edge over regional competitors. "Indonesia has gained a clear advantage already as Sri Lanka, with the current 30 percent tariff, will find it extremely hard to do business with the US," he said.
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