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Trump's 50% Tariff Threatens 40,000 Lesotho Jobs

4/4/2025

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Summary

Story summary

President Trump's new tariffs, especially the staggering 50% on Lesotho, cast a dark shadow over the kingdom's economy, which relies heavily on US textile exports. With South Africa facing a 30% levy, these tariffs threaten to unravel decades of trade ties and deepen economic struggles, putting 40,000 jobs in Lesotho's textile sector at risk.

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Story summary

President Trump's new tariffs, especially the staggering 50% on Lesotho, cast a dark shadow over the kingdom's economy, which relies heavily on US textile exports. With South Africa facing a 30% levy, these tariffs threaten to unravel decades of trade ties and deepen economic struggles, putting 40,000 jobs in Lesotho's textile sector at risk.