President Trump imposes record tariffs on 60 nations, including a 50% tariff on Lesotho, targeting long-standing trade imbalances and affecting African nations.
President Donald Trump has announced sweeping new tariffs on dozens of nations, including a record-setting 50% reciprocal ...
South Africa has no immediate plans to retaliate against the United States over tariffs announced by President Donald Trump ...
The U.S.’s bizarre tariff formula creates a higher rate for low-income countries such as Lesotho and Madagascar that are simply too poor to import many U.S. products ...
Lesotho, bordered on all sides by South Africa, exported $364 million more to the US than it imported in 2022. The nation ...
Trump’s latest tariffs are in addition to the 25% imposed on all vehicles and car parts imported into the US, which will kick in from Thursday. This is a particular threat to South Africa, which ...
The small African kingdom of Lesotho feared the worst for its textile industry Thursday after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single ...
US President Donald Trump imposed a 50% reciprocal tariff on the tiny southern African mountain kingdom of Lesotho, the ...
The U.S. government's imposition of steep tariffs on African nations signals the end of the AGOA trade deal that was supposed ...
The US calculated the rates based on a formula that divides a country’s trade surplus with America by its total exports, based on data from the US Census Bureau for 2024.
US President Donald Trump imposed a 50% reciprocal tariff on the tiny southern African mountain kingdom of Lesotho, the ...
U-M expert explains archaeological significance of small African country, a vital source of freshwater and crucial to the study of biodiversity A ...