US Tariffs Cripple Lesotho's Economy
Tap title to read story
0:00 / 0:40
US President Trump imposed a 50% tariff on imports from Lesotho, impacting the small African nation's textile industry, a key export to the US. This high tariff, the highest among all countries, follows Trump's claim of a 99% tariff on US goods from Lesotho, a figure disputed by the Lesotho government. The tariff threatens Lesotho's economy, particularly its textile factories employing 12,000 people. Lesotho plans to seek new markets within the African Continental Free Trade Area and negotiate with the US to mitigate the impact.
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
