African nation of Lesotho among countries worst hit by tariffs |LAGOS EYE NEWS
The southern African country of Lesotho has attracted a tariff rate of 50% on its exports to the US.
These are mainly on textiles and diamonds.
Lesotho’s US exports are equivalent to 10% of its GDP, meaning Trump’s new tariffs will potentially hit the tiny mountainous nation hard.
Lesotho currently enjoys duty-free access to the US for certain products, such as clothing, under an agreement between Africa and the US.
In March, Trump drew the ire of Lesotho’s government after he said that nobody had ever heard of the country.
– DW
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