US president imposes 50% reciprocal levy on the impoverished state: the highest of his so-called 'Liberation Day' tariffs

MASERU (Reuters) - A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S. President Donald Trump's long list of target economies, will kill the tiny Southern African kingdom that Trump ridiculed last month, an economic analyst there said on ...

U.S. President Donald Trump's tariffs have struck among others the small southern African kingdom of Lesotho, one of the world's poorest nations

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%,

US President Donald Trump in March ridiculed Lesotho as a place "nobody has ever heard of" and then this week hit the tiny African kingdom with the highest of his reciprocal trade tariffs for any single nation. Here are some things to know about the ...

It was the highest levy imposed by U.S. President Donald Trump in his sweeping new tariffs on global trading partners on Wednesday, upending decades of rules-based trade and threatening cost increases for consumers.

Lesotho scrambled to put together a delegation on Friday to head to Washington to engage with the United States on tariffs that risk wiping out nearly half of its exports, its trade minister said, in what could be a death blow to its economy.

US President Donald Trump imposed a 50% reciprocal tariff on the tiny southern African mountain kingdom of Lesotho, the highest levy for any sovereign nation. Most Read from BloombergMetro-North Is Fa