Trade War Talk Likely Worse Than Reality, Sri Lankan Official Says
- Raising tariffs on apparel would be problematic, official says
- Sri Lanka expects to sign expanded trade deal with India soon
Photographer: Dominic Sansoni/Bloomberg
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The first salvo in President Donald Trump’s trade war isn’t being heard too loudly in Sri Lanka’s capital, where cranes tower over Chinese-funded construction projects across the capital.
Despite new tariffs and talk of an all-out dispute, a senior adviser to Sri Lanka’s finance minister said during an interview in Colombo that he isn’t too worried.