10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. Ravi Karunanayake

New Democratic Front· National List· 8 April 2025 ·Oral question: Oral Question: MSME Tariff Crisis and Trade Negotiations (SO 27(2))

Public FinanceForeign Affairs
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Hon. Ravi Karunanayake raised a question to the Minister of Finance on the reported 44 per cent US tariff on Sri Lankan exports, asking what diplomatic, trade, and policy steps had been taken since 18 March 2025 to prevent or mitigate it. He sought details on engagement with the US administration and USTR, any request for a special exemption, comparative tariff treatment of competitor countries, and five-year export data to the US. He also asked for short- and long-term strategies to protect sectors such as apparel, rubber, tea, and marine exports, diversify markets, improve competitiveness, and support affected exporters, especially SMEs, framing the issue as a national concern.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Deputy Speaker, thank you for the opportunity. I raise a Question on the impact of the 44% tax on Sri Lankan exports to the United States for the Hon. Minister of Finance:

¶ 02 1. What immediate diplomatic or trade actions were taken after I raised this on 18 March 2025 to prevent such tariffs? 2. What short- and long-term counter-strategies will be adopted to protect exports—especially apparel, rubber, tea and marine exports? 3. With whom in the US administration/USTR did the Government engage and with what outcome? 4. Has the Government formally requested President Trump/the US administration for a special dispensation or exemption? 5. What alternative markets/agreements are pursued to reduce dependence on the US? 6. Over the past five years, what primary products were exported to the US and their annual values? 7. What are current US tariff rates on imports from key apparel competitors (Indonesia, China, African countries, Vietnam, Bangladesh, India) compared with the 44% now imposed on Sri Lanka? 8. What specific strategies are being implemented to enhance competitiveness given this disadvantage? 9. What measures support exporters, particularly SMEs, affected by these tariffs?

¶ 03 This is a national problem; let us treat it as such.

Provenance

Source
Hansard, Tuesday, 8 April 2025 ·No. 1747715041076408 ·English daily/uncorrected Hansard
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Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 8 April 2025. No. 1747715041076408. Politick, https://staging.politick.io/lk/speeches/15124