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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)

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)

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 Sri Lanka Navy has issued a response regarding the protest held in Kalpitiya earlier today (10). MORE..

10 Jul 2025 (11:28 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)