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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)
Bangladesh has proposed to increase imports from the US on the first day of tariff talks between the two countries, a Bangladeshi official said on Thursday. MORE..
10 Jul 2025 (9:04 PM)
The Ceylon Chamber of Commerce (CCC) has welcomed the reduction by the United States in the reciprocal tariff rate from 44% to 30% and urged the government to continue discussion with US authorities. MORE..
10 Jul 2025 (4:41 PM)
A relatively mild earthquake of magnitude 4.4 jolted Delhi and nearby areas on Thursday morning. The earthquake originated around Jhajjar in Haryana and was felt across the National Capital Region. MORE..
10 Jul 2025 (4:36 PM)