Tariffs, Trump, and the Stakes for Lesotho
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Tariffs, Trump, and the Stakes for Lesotho

2025-04-17
Lesotho was hit with the highest U.S. tariffs on the African continent, a 50% levy on its exports, before President Donald Trump paused the move for 90 days. The kingdom’s trade minister is warning that if those duties go ahead, Lesotho could face a liquidity crisis. Trump announced this month that tariffs of at least 10% will apply to most imports, with even steeper rates targeting goods from around 60 countries, all in a push to curb what he calls unfair trade imbalances.Lesotho is now hoping to l...
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