Trump Tariff

A team of US negotiators will hold discussions with Indian officials in New Delhi today (16) to revive talks on a bilateral trade deal. The delegation is led by Chief Negotiator Brendan Lynch, the Assistant US Trade Representative (USTR)…

Donald Trump has called on the European Union (EU) to hit China and India with tariffs of up to 100% to force Russian president Vladimir Putin to end the war in Ukraine. The US president made the demand during a meeting between US and EU…

The U.S. has imposed a new 50% tariff on Indian-origin goods starting Wednesday, August 27. The tariff is a response by the Trump administration to India’s continued purchase of discounted Russian oil. The U.S. Department of Homeland…

While the Trump administration's tax reduction appears to be a diplomatic victory for the Sri Lankan government, its conditions and regional political pressures have put Sri Lanka in a complicated situation. This deal could create…

US President Donald Trump has said there will be no trade negotiations with India until a dispute over tariffs is resolved, following his administration’s decision to double tariffs on Indian imports. When pressed by ANI at the Oval…

World shares retreated Friday after President Donald Trump issued a new set of import duties that will apply to dozens of countries as of Aug. 7. U.S. futures fell 0.9% after Trump announced tariff rates of up to 41% for imports from 68…

The United National Party (UNP) has welcomed the recent executive order issued by U.S. President Donald Trump, which further reduces the reciprocal tariff rates on Sri Lankan exports. In a statement, the UNP commended the Sri Lankan…

The Ceylon Chamber of Commerce (CCC) has commended the Government of Sri Lanka and the national negotiation team for securing a further reduction in the reciprocal tariff rate imposed by the United States on Sri Lankan exports—from 30% to…

The United States has announced a reduction in the reciprocal tariff rate imposed on goods imported from Sri Lanka, lowering it from 30 percent to 20 percent. According to a statement issued by the White House, the revised tariff rate…

The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, with the higher rates set to take effect on August 1.…