Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando has sought to clarify recent reports regarding proposed United States tariff measures, stating that no additional 12.5% tariff has been imposed at this stage and that discussions with U.S. authorities are continuing.
Speaking on the matter, the Deputy Minister said authorities remain confident that ongoing negotiations will address concerns relating to reciprocal tariffs and supply-chain compliance requirements on Friday 05th of June.
Discussions Continue with the United States
The clarification follows reports published on June 3 indicating that the U.S. administration is considering additional duties of between 10% and 12.5% on imports from around 60 economies as part of investigations linked to forced labour concerns in global supply chains.
According to media reports, the country could be among a group of nations potentially facing a 12.5% tariff if the proposals proceed.
However, Dr. Fernando stressed that the process remains under review and no final decision has been taken.
He noted that discussions are also taking place regarding a possible uniform 10% tariff structure under broader U.S. trade policy revisions.
The Deputy Minister described claims that a 12.5% tariff has already been imposed as inaccurate.
He explained that the current developments relate to ongoing investigations into global supply chains rather than a final trade measure targeting a specific country.
According to him, preliminary findings have resulted in proposed actions that remain subject to further review and engagement.
He emphasized that authorities have maintained continuous dialogue with U.S. counterparts since the issue emerged and expect further progress through diplomatic and trade channels.
Focus on Supply Chain Compliance
Dr. Fernando said the country supports international standards aimed at preventing forced labour and has already established legal safeguards to ensure compliance within export supply chains.
A special committee chaired by the Secretary to the Ministry of Trade, operating with Cabinet approval, is currently coordinating responses and engagements with U.S. authorities.
He added that information is being shared with relevant investigative bodies while efforts continue to ensure that export supply chains remain compliant with international standards.
Not Limited to One Country
The Deputy Minister also pointed out that the investigations extend beyond a single country and involve a broad group of economies connected to global manufacturing and supply networks.
These include countries across Asia, Europe, North America, and Oceania that form part of interconnected international supply chains.
Concluding his remarks, Dr. Fernando reiterated that no additional tariff has been imposed at present and expressed confidence that the concerns can be addressed through continued negotiations.
He also urged the public to rely on verified information and avoid being misled by inaccurate reports regarding the proposed measures.
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Last modified: June 9, 2026
