The tariff newly-imposed by the US will have a very adverse effect on Sri Lankan exports, said professor of economics Priyanga Dunusinghe of...
ByStaff WriterJuly 11, 2025Distress is in store for Sri Lanka’s garments sector if the island nation is unable to clinch a tariff lower than the 30%...
ByStaff WriterJuly 10, 2025US President Donald J. Trump has notified President Anura Kumara Dissanayake that the United States will impose a 30% tariff on all Sri...
ByStaff WriterJuly 10, 2025President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to...
ByStaff WriterJuly 9, 2025Sri Lanka’s export-driven economy may be on the brink of a major setback, with the Free Trade Zone Manufacturers’ Association (FTZMA) warning that...
ByStaff WriterJuly 8, 2025Leaders at the BRICS summit of developing nations have lashed out at US President Donald Trump’s latest threat of an extra tariff on...
ByStaff WriterJuly 8, 2025The BRICS bloc of developing economies at their summit in Brazil on Sunday condemned the increase of tariffs and attacks on Iran, but...
ByStaff WriterJuly 7, 2025United States President Donald Trump said he plans to start sending letters informing trading partners of their tariff rates as soon as Friday,...
ByStaff WriterJuly 4, 2025Excepteur sint occaecat cupidatat non proident