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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 ...
Lesotho has a large trade surplus with the United States, mostly made up of diamonds and textiles, including Levi's jeans.
Textile manufacturing is one of Lesotho's key industries, exporting some 75% of its output to the United States.
US president imposes 50% reciprocal levy on the impoverished state: the highest of his so-called 'Liberation Day' tariffs ...
A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S. President Donald Trump's long list of target economies, ...
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous. By Patricia Cohen Patricia Cohen ...
In Lesotho, which makes denim that goes into U.S.-branded jeans, both the private sector and the government were weighing their next moves. By Lynsey Chutel Reporting from London In Lesotho ...
But now, Lesotho has been slapped with a whopping 50% tariff on goods entering the US. With factory workers and others extremely concerned about possible job losses, Lesotho is now sending a high ...
Lesotho is a microcosm of the hurt being inflicted on the world by Trump’s tariff tantrum. With a minute GDP of just ...
Prime Minister says his government is removing obstacles to US investment, including Starlink, in the wake of the tariff hike ...
Maseru, Lesotho — President Trump in March described Lesotho as a place "nobody has ever heard of," and then this week he hit the tiny African kingdom with the highest of his "reciprocal" trade ...
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 ...