A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S. President Donald Trump's long list of target economies, ...
Lesotho has a large trade surplus with the United States, mostly made up of diamonds and textiles, including Levi's jeans.
Lesotho faces the highest tariffs from Trump at 50%, while other countries like Vietnam and China also see significant increases, complicating trade dynamics.
The move deals a harsh blow to the small, impoverished state, which Trump mocked as a place ‘nobody has heard of’.
It was the highest levy imposed by U.S. President Donald Trump in his sweeping new tariffs on global trading partners on ...
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The tiny southern African kingdom of Lesotho has been hit with a 50% reciprocal trade tariff by U.S. President Donald Trump, ...
President Donald Trump has made seismic shifts to U.S. trade that could have long-term effects on the economy and your ...