News

Last week, U.S. President Donald Trump wrote to his Sri Lankan counterpart, Anura Kumara Dissanayake, informing him that the ...
Former President Ranil Wickremesinghe said that Sri Lanka should leverage the resettlement of international sovereign bond ...
The US is making revisions to its reciprocal tariff regime, which was initially presented in early April this year, and ...
Sri Lanka's garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump's ...
The Sri Lankan trade union bureaucracies responded to Trump’s tariffs by assuring the government and big business of their willingness to cooperate.
In its fresh attempt for renegotiation of tariffs, Sri Lanka is trying hard to get the current rate reduced from 30 percent ...
By Uditha Jayasinghe COLOMBO (Reuters) -Distress is in store for Sri Lanka's garments sector if the island nation is unable ...
Mangala Wijesinghe, stated that discussions will be held with the United States before August 01, in an effort to obtain ...
Sri Lanka expects to continue negotiations with the US after President Donald Trump’s decision to reduce tariffs on the ...
The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White ...
Trump’s proposed 30% tariff on Sri Lankan exports, set to take effect on 1 August 2025, threatens to derail the island’s ...
Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and social stability, the International Monetary Fund (IMF) said on ...