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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 sends out tariff letters to 7 more countries

Reuters on MSN · 22h

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.

MarketWatch · 19h

Trump's tariff letters for today — in one chart

President Donald Trump's tariff letters have targeted Algeria, Brunei, Iraq, Libya, Moldova, the Philippines and Sri Lanka. That's shown in the chart above. Read more in the article below.

The Boston Globe · 22h

Trump sends out tariff letters to 7 more countries but he avoids major US trade partners

None of the countries targeted in the first batch of letters — the Philippines, Brunei, Moldova, Algeria, Libya, Iraq and Sri Lanka — is a major industrial rival to the United States.

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 ...

9hon 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% ...

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 ...

7h

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 Excelsior4h

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 ...

18hon MSN

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 ...

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 ...

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