New Delhi, July 9 -- New Delhi: US President Donald Trump on Wednesday slashed tariffs for Sri Lankan goods to 30% from 44% previously as he unveiled his latest list of nations targeted with revised duties.

Nations on his list also included the Philippines, Brunei, Moldova, Algeria, Iraq, and Libya under his "reciprocal tariff" framework.

The Philippines, which was earlier slated to face a 27% tariff under the 2 April announcement, will now face a reduced duty of 20% starting 1 August, according to the White House's latest tariff notification issued to the countries concerned.

In the case of India, the proposed trade deal is still awaiting final approval from Trump and is likely to be announced by mid-July, as reported by Mint on Tuesd...