Lesotho Seeks Dialogue With Trump's Govt Over His Destructive Tariffs

Lesotho Seeks Dialogue With Trump's Govt Over His Destructive Tariffs

-Minister Shelile hoping for a positive outcome while gvt looks for alternative markets

Tariffonomics, Trumplflation, and Their Impact on the African Economy: A Focus on Lesotho

Greetings, the latest 50% tariffs slapped on Lesotho by the US almost sounded the death knell for the manufacturing industry here, and with Trump’s flip-flopping and making serious policy and economic announcements on social media, on the day they were to kick in, he dials back and gives a 90 day reprieve on implementation of the reciprocal tarrifs while pushing those on China to 135%. This constant changing in mind and uncertainty has caused gl…

Lesotho seeks dialogue with Trump’s gvt over his destructive tariffs

—Minister Shelile hoping for a positive outcome while gvt looks for alternative markets  LESOTHO has exported a significant portion of its textile products and other goods, including trout, vehicle seats, and diamonds, to the US market duty-free for nearly half a century under the African Growth and Opportunity Act (AGOA) since 2001.  Enacted in […]