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The reduction in US reciprocal tariff on exports from Sri Lanka to 30% from previously announced 44% is positive news for local businesses, however the rate is a substantial increase from the existing 10% duty, Economist Dhananath Fernando stated. MORE..
10 Jul 2025 (7:23 PM)
U.S. President Donald Trump on Thursday announced a 35% tariff rate for goods imported from Canada, starting August 1. MORE..
11 Jul 2025 (8:35 AM)
Brazilian President Luiz Inácio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the United States. MORE..
10 Jul 2025 (10:46 PM)
The wife of Nadun Chinthaka Wickremeratne, alias "Harak Kata", who is also believed to be the mistress of "Kehelbaddara Padme", has reportedly been arrested by Interpol along with her child in Malaysia. MORE..
10 Jul 2025 (4:29 PM)
The reciprocal 30% tariff proposed by the US President Donald Trump yesterday (09), will be in addition to the existing duties imposed on products exported from Sri Lanka to the US, said the Senior Economic Advisor to the President, Duminda Hulangamuwa. MORE..
10 Jul 2025 (4:14 PM)
