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Searched Tag: tariff hike deadline
Sri Lanka President, Anura Kumara Dissanayake, during a speech in May, 2025, in Colombo

Sri Lanka seeking ‘mutually beneficial’ solution on tariffs

July 11, 2025, 02:21 PM - 4 min read

The US sent a letter to Sri Lanka on Wednesday, saying the new 30 per cent tariff on the country’s imports would be effective from August 1

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US Treasury Secretary Scott Bessent. (File photo)

'Accept US terms or face duties', Bessent tells trade partners

July 7, 2025, 02:19 PM - 3 min read

US Treasury Secretary Scott Bessent has warned nations to accept trade terms set by Washington or face reciprocal tariffs as early as August, targeting 18 key economies.

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