Sri Lanka, June 5 -- A proposed 12.5% tariff on Sri Lankan exports by the United States sparked deep concern at the Ceylon Chamber of Commerce.

The announcement of these new labour-related tariffs comes whilst Sri Lanka continues discussions with the US following the suspension of previously announced reciprocal tariffs, aiming to secure a more favourable trading arrangement.

The imposition of an additional tariff on Sri Lankan exports risks undermining the competitiveness of key export sectors compared to other nations, which face a lower rate of 10%.

Any increase in trade barriers presents a significant challenge at a time when Sri Lanka works to accelerate export growth, attract investment, and create employment opportunities.

At p...