Sri Lanka Risks China Anger to Dodge US Tariffs
Part of composite article Sri Lanka Risks China Anger to Dodge US Tariffs View full article →
COLOMBO – Sri Lanka is making a risky diplomatic move to avoid higher United States tariffs. The island nation is now publicly treating allegations of forced labor in China as credible. This stance puts Colombo in direct conflict with Beijing, its largest creditor and a major investor. China has repeatedly denied such allegations, citing its high level of industrial mechanization. By appearing to validate the US claims, Sri Lanka hopes to secure a tariff concession. However, the decision threatens to damage the crucial economic relationship between Sri Lanka and China.