INSUBCONTINENT EXCLUSIVE:
Highlighting the performance of the Colombo Stock Exchange (CSE) today (07 ), Leader of the Opposition Sajith Premadasa claimed that Sri
Lankan residents are paying the cost for the governments objection to hearken the oppositions advice regarding United States mutual tariffs
imposed on the countrys exports.Speaking at an SJB public event in Dedigama, Premadasa, who highlighted that Vietnam and Cambodia initiated
conversations on reducing the tariffs a long time earlier, criticized the Sri Lankan federal governments inaction in this regard.The stock
Trading was stopped for a long time
The United States stated it will enforce 44% reciprocal tariffs on Sri Lankan exports with effect from the 9th of April
If these tariffs come into result, it will trigger extreme financial damage
Poverty will definitely increase, Premadasa stressed.Commenting further, the Opposition Leader slammed the federal governments action to
designate committees to produce a program to attend to the 44% tariffs that are entering into effect on April 09
My hope is that these tariffs will not come into result, he added.Ministers informed the media that they designated committees and held
discussions via Zoom, Premadasa stated, stressing that rather of virtual conferences, they must hold in person conversations with the
US.Vietnam and Cambodia started these discussions a while ago
Why did our country fail to do so? It is because of arrogance and haughtiness, the Opposition Leader expressed.Government ignored our tips,
and now it is the people who have to withstand the consequences of the federal governments actions, he included.
