July 10, 2025 3:39 PM July 10, 2025 3:39 PM
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US slashes proposed tariff on Sri Lankan imports to 30%
United States has revised its proposed tariff on imports from Sri Lanka, reducing it from the initially threatened 44% to 30%, effective 1st of next month. The decision is part of a broader trade policy under President Donald Trump, and follows high-level negotiations between the two countries, incl...