“This decision provides greater leeway for exporters to access international markets and compete more freely on quality and efficiency,” Dr. Fernando told the Sunday Observer, responding to queries on whether Sri Lanka could expect any immediate benefits for its exports to the United States.
In the immediate aftermath of the ruling, President Trump imposed a new 10 percent global tariff to replace those struck down by the Supreme Court, describing the judgment as “terrible.” In a 6-3 decision, the court held that the President had overstepped his authority by bypassing Congress, which holds constitutional powers over finances and taxation.
Dr. Fernando said the development has created a fairer trading environment, with a uniform 10 percent import tax, and greater flexibility for Sri Lanka, opening new opportunities for exporters to expand their presence abroad.
When asked about the potential impact on trade and export earnings in the coming months, the Deputy Minister said the ruling does not affect ongoing US–Sri Lanka tariff negotiations aimed at securing improved terms for local exporters.
“Despite this development, the Government will continue discussions with the US to ensure that key export sectors — including apparel, tea, rubber, and spices — receive favourable treatment and remain competitive,” he said.
“Active engagement with Washington is crucial to safeguard Sri Lanka’s trade interests while taking advantage of new opportunities in global markets,” he added.
