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Lesotho’s textile factories face closures despite US tariff cut

Lesotho's U.S. export tariff has been reduced from a threatened 50% to 15%, but its textile industry still faces challenges.

Reuters on MSN · 1d

Lesotho textiles to struggle even with lower 15% Trump tariff, minister says

Lesotho's modified tariff rate of 15% may still not be enough to save its textiles industry, its trade minister said on Friday, a day after U.S. President Donald Trump lowered it from a devastating 50% rate he had threatened to implement earlier.

Africanews on MSN · 1d

Relief for Lesotho as US cuts tariff rate but the damage to its economy may have already been done

Relief for Lesotho after US President Donald Trump announced he was cutting its tariff rate to 15 percent – down from the 50 percent he threatened in April. But a lot of damage has already been done and even if US buyers return,

Devdiscourse1d

Lesotho's Textile Industry: Struggling Under New Tariff Rates

Lesotho's modified tariff rate of 15% may not be sufficient to save its textiles industry, despite a reduction from a ...

France 242d

Lesotho’s denim industry unravels as Trump’s tariffs deadline looms

The African nation of Lesotho – the small, mountainous kingdom surrounded entirely by South Africa – once punched above its ...

How the threat of U.S. tariffs are impacting the tiny African nation of Lesotho

In the tiny African nation of Lesotho, clothing manufacturer Tzicc’s business has dried up in the face of tariffs imposed by ...

14d

‘God is still God’ — Remembering the lives lost in Lesotho bus accident

Thousands gathered over two days to share hope and memories as 11 individuals were remembered at funeral and memorial ...

Jefferson Public Radio14d

'We are on our knees': U.S. tariffs devastate Lesotho's garment workers

The government of the tiny African kingdom of Lesotho has declared a two-year state of disaster, as its once-thriving ...

News242d

SA and Lesotho respond to new US tariffs with concern and restraint

South Africa and Lesotho are reacting cautiously to the US’s decision to impose new tariffs on their exports, following an ...

AllAfrica on MSN2d

Japan Contributes Towards Food and Nutrition Security in Lesotho

Maseru- The United Nations World Food Programme (WFP) today welcomed a contribution of JPY 200 million (approximately US$1.36 million) from the Government of Japan to support the national school ...

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