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Sri Lanka, Trump and tariff

Reuters on MSN · 6h

Sri Lanka's apparel industry counts on cutting US tariff to compete with rivals

Sri Lanka's garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump's administration's 30% tariff on the nation has placed it at a disadvantage to some of its biggest rivals.

Moneycontrol · 4h

Indian exports may benefit as Trump imposes high tariffs on Sri Lanka, the Philippines

The impact is expected to be sharper for Sri Lanka, where 21 percent—or $618 million—of its $2.98 billion exports to the US in 2023 could now face Indian competition.

Daily FT · 21h

Trump settles for 30% tariff on Sri Lanka, down from 44% proposed earlier

US President Donald Trump has settled for a 30% tariff on imports from Sri Lanka, down from 44% proposed in April. He announced the move in a letter to President Anura Kumara Disanayake dated 9. Analysts welcomed the move,

Trump, tariff and Liberation Day

MarketWatch on MSN · 19h

Trump releases 8 more tariff letters. Here’s how his new rates compare to ‘liberation day’ levels.

For four countries, the tariff rates announced Wednesday are below their April 2 levels, while three countries will see an increase — with Brazil hit hard, in particular.

Reuters on MSN · 23h

Trump issues tariff letters to seven countries

U.S. President Donald Trump on Wednesday issued a round of tariff letters to seven countries, including Algeria, Iraq, Libya, Sri Lanka and the Philippines.

USA TODAY on MSN · 1h

Trump sends tariff rate letters and pushes Liberation Day deadline. What does TACO mean?

President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?

8hon MSN

Sri Lanka to Pursue Further Talks After US Tariff Cut

Sri Lanka will continue talks with Washington for further reduction in tariffs, after US President Donald Trump imposed a ...

10hon MSN

Sri Lanka's apparel industry alarmed by US tariff of 30%, hopes for cut

Distress is in store for Sri Lanka's garments sector if the island nation is unable to clinch a tariff lower than the 30% ...

8h

Sri Lanka to continue talks as US tariff cut seen as ‘good start’

COLOMBO: Sri Lanka expects to continue negotiations with the US after President Donald Trump's decision to reduce tariffs on ...

Daily Mirror22h

US slaps 30% tariff on Sri Lanka

U.S. President Donald Trump has added Sri Lanka to his growing list of trade targets, issuing a letter on Wednesday ...

Daily Excelsior5h

Sri Lanka to continue engaging with US for ‘mutually beneficial’ solution on tariffs: top finance officials

Sri Lanka would continue to engage with the US for a “mutually beneficial” outcome on tariffs, a top finance ministry ...

NDTV Profit on MSN9h

Trump Tariffs LIVE: 50% Levy On Brazil; New Letters Issued To Iraq, Libya, Sri Lanka, Others — Key Highlights

Imposed 30% tariffs on Libya, Iraq, Sri Lanka, and Algeria. Slapped 25% tariffs on Moldova and Brunei. Announced 50% tariffs ...

Sri Lanka faces 50,000 job loss risk amid looming US tariffs: FTZMA

Sri Lanka’s economy could face a significant blow, with the Free Trade Zone Manufacturers’ Association (FTZMA) yesterday ...

Sri Lanka should use de-minimis, vendor collected taxes for bigger online orders: Advocata

Charging taxes on HS Code for thousands for small parcels coming from foreign online sales platforms is not practical, and ...

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