Trump Administration Tariffs on Lesotho
The Trump administration imposed a 50% tariff on goods entering the U.S. from Lesotho as part of a larger tariff initiative targeting countries with unfair trade rules. Lesotho, a small African nation, was calculated to have the equivalent of a 99% tariff imposed on American goods due to its trade surplus with the U.S. The tariffs are expected to have a significant impact on Lesotho's textile industry and economy.