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Brazil vows to match US tariffs after Trump threatens 50% levy
10 Jul 2025 (10:46 PM) Gold prices rise as Dollar weakens amid uncertainty with Trump Tariffs
10 Jul 2025 (5:37 PM) Ceylon Chamber urges continued engagement to secure further US tariff reduction
10 Jul 2025 (4:41 PM) Trump Tariff- Exports volume will reduce but real challenge is rates of Sri Lanka s competitors - expert
10 Jul 2025 (7:23 PM) Trump s 30% tariff will be in addition to existing duties on Sri Lankan exports to US - Hulangamuwa
10 Jul 2025 (4:14 PM) Eight youth seriously injured after van plunges off precipice in Nanu Oya
10 Jul 2025 (5:22 PM) |
Brazilian President Luiz Inácio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the United States. 
Gold prices rose on Thursday, driven by the weakness of the U.S. dollar amid heightened global trade tensions, following President Donald Trump s imposition of reciprocal tariffs on several countries. 
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. 
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. 
The reciprocal 30% tariff proposed by the US President Donald Trump yesterday (09), will be in addition to the existing duties imposed on products exported from Sri Lanka to the US, said the Senior Economic Advisor to the President, Duminda Hulangamuwa. 
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.
