Sri Lanka, July 2 -- The government is hopeful of receiving some form of concession to the 'reciprocal tariffs' announced by US President Donald Trump before July 9, Cabinet Spokesman Minister Dr. Nalinda Jayatissa has said.

Speaking during the weekly Cabinet media spokesman, Minister Jayatissa said based on the intervention made by the present government, they are of the belief, Sri Lanka and local businesses will be able to receive certain benefits before the increased tariff is scheduled to come into effect.

Minister Dr. Nalinda Jayatissa added that Sri Lankan officials have held several rounds of discussions including through 'Zoom' to reduce the tariff rate.

US President Donald Trump's 90-day pause on implementing so-called "recip...