Published
16 hours agoon
Sri Lanka has been named in a report released by the White House Office of Trade and Manufacturing Policy examining changes in global trade flows following the introduction of US tariffs on Chinese goods.
The report, titled The Great Transshipment Scam, argues that the restructuring of global supply chains since 2018 has enabled goods originating from higher-tariff jurisdictions, particularly China, to reach the US market through intermediary countries.
According to the report, Sri Lanka is among more than 40 countries identified as having become part of a broader network of manufacturing, logistics and trade hubs that have gained importance as companies diversify production and distribution channels in response to changing trade policies.
The document places Sri Lanka in a category it refers to as “Tier 3” economies, which includes smaller countries that offer advantages such as strategic geographic locations, logistics infrastructure, warehousing facilities, free trade zones, competitive labour costs and access to international markets.