Related News

U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in

BENGALURU: A computer no bigger than a credit card may play a key role in answering one of the biggest questions in astronomy — when did the first stars in

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI

Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance

OpenAI CEO Sam Altman speaks during the US Federal Reserve Board of Governors’ “Integrated Review of the Capital Framework for Large Banks Conference” at the Federal Reserve in Washington, DC,

Hosted by Jane Pauley. Featured: David Pogue on how AI is affecting job searches; Jane Pauley talks with Dr. Sanjay Gupta about treatments for chronic pain; Robert Costa interviews singer-songwriter

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Trade worry: Sri Lankan exporters flag 30% proposed US tariff; Apparel, rubber sectors may take hit

Word Count: 509 | Estimated Reading Time: 3 minutes


Trade worry: Sri Lankan exporters flag 30% proposed US tariff; Apparel, rubber sectors may take hit

Sri Lankan exporters have expressed concern over a proposed 30 per cent tariff on goods entering the US, warning that the hike could severely impact key export sectors including apparel and rubber products.The Exporters Association of Sri Lanka (EASL) on Friday urged the government to step up negotiations with Washington ahead of the August 1 deadline, PTI reported. In a statement, the group acknowledged ongoing efforts by Sri Lankan trade representatives but said greater urgency and determination were needed to protect the country’s export competitiveness.EASL noted that competitor nations such as Vietnam and India faced lower tariffs of 20 per cent and 26 per cent, respectively, under the revised US tariff framework. It called the proposed 30 per cent duty rate “unsustainable” and said it would put Sri Lankan exporters at a disadvantage in global markets.To mitigate the potential fallout, the association also advised authorities to explore new international markets and diversify export destinations to shield the economy from future external trade shocks.





Source link

Most Popular Articles