Numerous countries around the world are facing the prospect of new tariffs on their exports to the United States on Aug. 7, a ...

In recent years, the Sri Lankan government has allowed increasing imports of foreign shrimp for value addition and re-export ...

Trump intends the duties to bring back manufacturing to the United States, while also forcing other countries to reduce their ...

US President Donald Trump has announced new tariffs up to 41% on imports to address trade imbalances ahead of negotiations.

While many countries will see no change in their baseline tariffs, others face increases. For instance, Canadas tariff has ...

Under the new order, the US imposed varied tariffs on several Asia-Pacific nations; 15 per cent on Afghanistan, 20 per cent ...

The Global Federation of Sri Lankan Business Councils (GFSLBC) last Friday unveiled a collaborative initiative to boost ...

U.S. trade partners are reacting to President Donald Trump’s executive order now set to introduce new tariffs on many of them starting Aug. 7 — as the global economy faces another test from the presid ...

The way forward for our exports is to find other markets, diversify and increase our exports, and reduce our import needs by enhancing domestic production, especially food, through import substitutes.

Sri Lanka's inflation target of 5 percent, which has been set by the central bank based on it own past performance could be ...

Sri Lanka's rupee had depreciated from 295 to 300 from February to June 2025 amid record current account surpluses, central bank data shows, though macro-economists in the age-of-inflation usually ...