US Edition
Trump Hits Lesotho With Record Tariff, Threatening Economy of Tiny African Kingdom
- Trump announced a minimum of 10% tariff on all imports to the US and a 50% tariff specifically on Lesotho, the highest rate for any country.
- Lesotho's textile sector is predicted to be severely affected by these higher tariffs, which also threaten Madagascar's economy.
- Trade Minister Mokhethi Shelile stated he wants to travel to the US to 'plead our case' regarding the tariffs.
- President Cyril Ramaphosa's office expressed concern about the newly imposed tariffs and their potential impact.
152 Articles
152 Articles
Trump's tariffs are an extra hard blow for debt-ridden countries, not least for Lesotho, whose textile exports to American Levi's and Wrangler are hit by a 50 percent tariff.
Lesotho: the tiny African nation in the crosshairs of Trump's tariff war
"Nobody has ever heard of" Lesotho, Donald Trump said last month with his trademark braggadocio.That's despite the US' diplomatic mission in the Kingdom of Lesotho, a tiny mountainous enclave surrounded by South Africa. But the US president has since ensured that everyone has heard of Lesotho by imposing a 50% "reciprocal" levy on imports from the impoverished nation: the highest of his so-called "Liberation Day" tariffs. The 'denim capital of A…
The country that makes Levi’s jeans, Trump’s golf shirts: Why Potus tariffed nation ‘nobody has heard of’
Lesotho, the small kingdom that produces Levi's jeans and Trump’s golf shirts, faces heavy tariffs from President Trump. While neighboring countries in southern Africa are also facing tariffs ranging from 10% to 37%, Lesotho was hit the hardest with a staggering 50%, according to a report
🔒 Worldview: Trump's 'reciprocal tariffs' on Africa - SA braces for trade fallout, Lesotho hit hardest with 50% blow
Key topics: Lesotho hit hardest as US imposes steep reciprocal tariffs South Africa and others brace for major trade and job losses Trump’s tariff shift challenges decades of US-Africa trade ties Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Support South Africa’s bastion of independent journalism, offeri…
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