Trump tariffs threaten Lesotho manufacturing success

Trump tariffs threaten Lesotho manufacturing success

The NewsSteep US tariffs on Lesotho, one of sub-Saharan Africa’s few manufacturing success stories, could cause an economic crisis. The country is the largest African exporter of garments to the US, an industry built on a Bill Clinton-era trade agreement. But President Donald Trump’s new import regime will impose 50% duties, Africa’s highest rates, once a 90-day reprieve is over. The levies will put tens of thousands of jobs on the line and limi…