Trump Hits Lesotho With Record Tariff, Threatening Economy of Tiny African Kingdom
- Trump announced record tariffs against Lesotho and several African countries, claiming they "treat us badly" and the US has been "pillaged" by foreigners.
- Lesotho, where one-third of children under 5 are stunted by malnutrition, was hit with the highest 50% tariff rate, threatening its textile industry and jobs.
- South African President Ramaphosa condemned the "punitive" tariffs as "a barrier to trade and shared prosperity" and called for diversifying trade partnerships.
55 Articles
55 Articles
Africa: Trump punishes a tiny country so hard – and ultimately loses an entire continent
With 50 percent punitive tariffs, the tiny South African Lesotho is at the top of Trump's list. Other African states are also hard hit by the measures – only one country is interested in the US President. So he practically abandons an entire continent.
Trump’s tariff whirlwind upends Africa’s US trade pact
The NewsThe United States’ flagship economic policy for Africa was effectively killed on Wednesday after US President Donald Trump, reset the global trade world order with a rash of tariffs for countries trying to access the US market, Africa watchers on Capitol Hill said.AGOA (African Growth and Opportunities Act), the preferential trade program which has enabled sub-Saharan African countries tariff-free exports to the US since 2000, is set to …
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