π Summary
Sri Lankaβs latest vehicle-import tax decision is exposing a deeper problem in the automotive market: a policy designed to protect foreign exchange reserves may simultaneously create sharp price distortions, uncertain valuations and substantial risks for buyers and importers. The government has extended the temporary 50% surcharge on Customs Import Duty until December 31, 2026, despite [β¦] The post New Vehicle Surcharge Risks Market Shock and Buyer Losses appeared first on Lankanews.lk .