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US announces 20% import duty on goods from Sri Lanka

Colombo: The US has announced a 20 per cent tariff on Sri Lankan exports, marking a 24 per cent reduction from the initial rate proposed for the island nation. As the deadline for tariff negotiations ends Friday, Sri Lankan officials were continuing talks to seek...

Trump

25% tariff on Indian imports now official under Trump order

New York: As the deadline for tariffs neared, US President Donald Trump imposed the threatened tariff of 25 per cent on India starting Friday as the prolonged negotiations appeared to have stalled. His executive order, issued late Thursday, did not include penalty tariffs on buying...

 

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