The government of Lesotho told its citizens not to panic after the U.S. announced a trade tariff that risks wiping out nearly ...
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the ...
Lesotho has a large trade surplus with the United States, mostly made up of diamonds and textiles, including Levi's jeans.
A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S. President Donald Trump's long list of target economies, ...
Textile manufacturing is one of Lesotho's key industries, exporting some 75% of its output to the United States.
Lesotho scrambled to put together a delegation on Friday to head to Washington to engage with the United States on tariffs ...
But for Lesotho, the impact of a stunning 50 percent tariff is enormous. By Patricia Cohen Patricia Cohen is the global economics correspondent and is based in London. The nation that the Trump ...
But the fallout from the U.S. tariffs could be severe. Lesotho’s Trade Minister Mokhethi Shelile warned of looming factory closures and job losses in the textile sector, which employs about 12,000 ...
According to Trump, Lesotho charges a 99% tariff on U.S. goods, but the government said it doesn't know how the U.S. administration calculated that figure. Government officials did not say ...
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