But the fallout from the U.S. tariffs could be severe. Lesotho’s Trade Minister Mokhethi Shelile warned of looming factory closures and job losses in the textile sector, which employs about 12,000 ...
Textile manufacturing is one of Lesotho's key industries, exporting some 75% of its output to the United States.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
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essanews.com on MSNLesotho's economic lifeline threatened by Trump's tariffsThe imposition of a 50-percent customs tariff on Lesotho, the highest among all economies subjected to new tariffs by ...
Daily Wrap on MSN1 天
Lesotho faces economic turmoil as Trump's tariffs strike hardThe imposition of a 50% customs tariff on Lesotho, the highest among all economies subject to new tariffs by President Donald ...
China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump's "Liberation ...
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