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Home World Africa

Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports

4 April 2025
in Africa
0
Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports
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Lesotho has been hit hard by President Donald Trump’s new tariffs, facing a 50% rate on all exports to the US, making it the world’s second hardest-hit country behind China. The tariffs threaten Lesotho’s textile trade, including exports of Levi’s and Wrangler jeans, which have benefited from tariff-free access under the African Growth and Opportunity Act. With US-bound exports representing over 10% of Lesotho’s economy, the tariffs could have a devastating impact on the small southern African nation.

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Tags: blowEconomicFacesimportsLesothoslapstariffTrump
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