United States International Trade Commission
Deficits and tariffs: Trump confusions and what can be done about them
Deficits and tariffs: Trump confusions and what can be done about them
The US has a persistent trade deficit with Sri Lanka. Despite almost universal agreement among economists that trade deficits, especially between two countries, are not meaningful, President Trump believes otherwise. As he assumed office, he asked his officials to “investigate and remedy” persistent US trade deficits. Sri Lanka-US trade shows a deficit of USD 2.6 billion following an increase of 6.3 percent in 2024. Sri Lanka was responsible for 0.28 percent of the total US trade deficit. Even if it were eliminated, there would be no discernible impact on the total.
Bangladesh's relationship with US will be more stronger in future: FM
Bangladesh's relationship with US will be more stronger in future: FM
Foreign Minister Dr Hasan Mahmud has expressed hope that Bangladesh's relationship with the United States will be better and stronger in the future.
Trending Views
