Author: LMD International

Ayesha Smart Believe in your resilience Q: Can you tell us about your journey from Sri Lanka to the UK – and how it shaped your career in law? A: My mixed heritage and parents’ journeys have profoundly shaped who I am. From a young age I’ve been immersed in different cultures and taught to treat all people with compassion. In the UK, I encountered people from all walks of life, which helped me develop a broader worldview; it made me empathetic to the challenges people face. My Sri Lankan upbringing instilled in me a strong sense of identity and…

Read More

Agro Ventures Plantations and Agro Ventures Exports were founded with the vision to revolutionise Sri Lanka’s agriculture sector, inspired by innovative

Read More

On 2 April, US President Donald Trump imposed a 44 percent tariff on Sri Lankan exports to the United States. With apparel comprising 64 percent of these exports—valued at nearly USD 1.8 billion in 2023—Sri Lanka’s apparel industry is likely to suffer the greatest impact. The reciprocal tariffs imposed across all exporters to the US could potentially reduce overall US demand for apparel. Consequently, this analysis conducted using World Bank’s SMART partial equilibrium model, reveals that Sri Lanka’s apparel exports to the US may decline by approximately 20 percent (over USD 300 million). The model simulated the impact on US demand of an…

Read More

BRUSSELS, April 1 (Reuters) – The European Union has a “strong plan” to retaliate against tariffs imposed, and set to be imposed, by U.S. President Donald Trump, although it would prefer to negotiate a solution, EU executive chief Ursula von der Leyen said on Tuesday. The Trump administration put in place tariffs on imported steel and aluminium in March and higher duties on cars will take effect on Thursday. Trump will also set out plans for “reciprocal tariffs” on Wednesday. Von der Leyen said she understood U.S. arguments that others had taken advantage of global trade rules, adding the EU…

Read More