US President Donald Trump’s widest-ranging tariffs to date have come into effect – a move that may trigger retaliation and escalate trade tensions, upsetting the global economy. The initial 10 percent “baseline” tariff took effect at United States seaports, airports and customs warehouses at 12:01am ET (04:01am GMT) on Saturday, ushering in Trump’s full rejection of the post-World War II system of mutually agreed tariff rates. Among countries...

The Indian leader is the first foreign dignitary to visit the island nation since the leftist Dissanayake swept elections last year. Indian Prime Minister Narendra Modi is in Sri Lanka to strengthen historical defence and energy ties as Colombo balances ties with its powerful neighbour and biggest lender, China. Sri Lankan President Anura Kumara Dissanayake rolled out the red carpet for Modi and welcomed him with a 19-gun...