Trump, Lesotho and Africa
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Mr. Trump's so-called "Liberation Day" tariffs included a whopping 50% levy on the small, impoverished nation's imports, and the Lesotho government quickly said it would send a delegation to Washingt...
From CBS News
Lesotho’s most pressing problem is that regional competitors like Kenya and Eswatini had been assigned much lower tariffs for their exports — some as much as 40% lower.
From Seattle Times
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The government of Lesotho told its citizens not to panic after the U.S. announced a trade tariff that risks wiping out nearly half of its exports.
17h
The South African on MSNDespite US tariffs pause, South Africa and neighbours’ economies under threatWashington's 90-day pause on higher tariffs is of little comfort to southern African economies facing collapse.
Textile manufacturing is one of Lesotho's key industries, exporting some 75% of its output to the United States.
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“Lesotho’s economic reality shows that over 70% of our exports flow to South Africa, compared to less than 20% to the US,” he said. “Straining ties with South Africa to impress Trump or ...
Clothes make up nearly three-quarters of what Lesotho exports to the US – its second biggest trading partner after South Africa. The value of that US trade amounts to more than 10% of its total ...
Completely surrounded by South Africa, Lesotho is the largest of only three enclaved states in the world, far bigger than San Marino and the Vatican City, both of which are within Italy.