#US Tariffs
Trump threatens 50% tariffs on EU and 25% penalties on smart phones
WASHINGTON (AP) — President Donald Trump on Friday threatened a 50% tax on all imports from the European Union as well a 25%...
Trump’s trade tariffs pose hidden threats to Sri Lankan economy
While U.S. President Donald Trump’s trade war primarily targeted global economic heavyweights like China and the European Union, its ripple effects are being...
CBSL downplays risk of harsh US tariffs
Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, has said that a potential 44% reciprocal tariff on Sri Lankan...
More US energy imports on the table for Sri Lanka
Sri Lanka has made significant progress in discussions with United States trade authorities and the International Monetary Fund (IMF), with both engagements yielding...
Ranil questions Govt’s claim on US tariff negotiations
Former President Ranil Wickremesinghe on Thursday cast doubt on the government’s recent assertion that it had successfully negotiated changes to the United States’...
Trump’s tariffs leave China’s neighbours with an impossible choice
When US President Donald Trump hit China with tariffs in his first term, Vietnamese entrepreneur Hao Le saw an opportunity. His company is...
Reciprocal tariffs should exclude vulnerable developing economies – UN trade body
Over the years, a rules-based global trading system has boosted international commerce and contributed to a gradual, steady decline in tariffs — a...
Sri Lanka will be in trouble even if US tariffs are reduced to 25%, warns Ranil
Former President Ranil Wickremesinghe has warned that Sri Lanka could face a serious economic crisis due to newly proposed reciprocal tariffs by the...
