Lesotho, Africa's 'kingdom in sky' jolted by Trump
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Mr. Trump's so-called "Liberation Day" tariffs included a whopping 50% levy on the small, impoverished nation's imports, and the Lesotho government quickly said it would send a delegation to Washingto...
USA Today |
Lesotho's foreign minister has said he was shocked and insulted after U.S. President Donald Trump made this comment in his address to Congress: "Eight million dollars to promote LGBTQI+ in the African...
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A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S. President Donald Trump's long list of target economies, will kill the tiny Southern African kingdom that Trump ridiculed last month,
Lesotho is in a desperate scramble to mitigate the devastating impact of newly imposed US tariffs, which threaten to obliterate nearly half of the nation’s exports, primarily its vital textile industry.
It was the highest levy imposed by U.S. President Donald Trump in his sweeping new tariffs on global trading partners on Wednesday, upending decades of rules-based trade and threatening cost increases for consumers.
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AFP on MSNLesotho hardest hit as new US tariffs rattle AfricaOther African countries hit with President Donald Trump's ‘reciprocal tariffs’ above the new baseline rate of 10% include Madagascar (47%), Mauritius (40%), Botswana (37%), Equatorial Guinea (30%) and South Africa (30%).
Lesotho, known as the "Kingdom in the Sky" for its breathtaking mountain scenery, offers a unique cultural experience. The small landlocked country in
US President Donald Trump imposed a 50% reciprocal tariff on the tiny southern African mountain kingdom of Lesotho, the highest levy for any sovereign nation. Most Read from BloombergMetro-North Is Fa
Natural water resources and renewable energy potential in Lesotho can transform the country into a regional powerhouse, says the AfDB
STORY: A 50% reciprocal trade tariff on Lesotho will kill the tiny Southern African kingdom, an economic analyst there has said.It's the highest levy on U.S. President Donald Trump's long list of target economies.