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Trump Tariff- Exports volume will reduce but real challenge is rates of Sri Lanka s competitors - expert
10 Jul 2025 (7:23 PM) Brazil vows to match US tariffs after Trump threatens 50% levy
10 Jul 2025 (10:46 PM) Energy Minister-Trade union reps discuss draft legislation on CEB restructuring
10 Jul 2025 (8:31 PM) Ceylon Chamber urges continued engagement to secure further US tariff reduction
10 Jul 2025 (4:41 PM) Eight youth seriously injured after van plunges off precipice in Nanu Oya
10 Jul 2025 (5:22 PM) Ceylon Chamber urges continued engagement to secure further US tariff reduction
10 Jul 2025 (4:41 PM) |
The reduction in US reciprocal tariff on exports from Sri Lanka to 30% from previously announced 44% is positive news for local businesses, however the rate is a substantial increase from the existing 10% duty, Economist Dhananath Fernando stated. 
Brazilian President Luiz Inácio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the United States. 
A discussion has been between trade union representatives and Minister of Energy Kumara Jayakody regarding the draft legislation and process related to the restructuring of the Ceylon Electricity Board (CEB), at the Ministry of Energy premises. MORE..
The Ceylon Chamber of Commerce (CCC) has welcomed the reduction by the United States in the reciprocal tariff rate from 44% to 30% and urged the government to continue discussion with US authorities. 
A total of eight individuals sustained serious injuries when a van veered off the road and plunged about 70 feet down a precipice in Nanu Oya. MORE.. Copyright © 2007 - 2025 Col3neg. All Rights Reserved.
