“We Still Can’t Compete”: Lesotho’s Textile Woes Linger After Trump Tariff Cut | APT скачать в хорошем качестве

“We Still Can’t Compete”: Lesotho’s Textile Woes Linger After Trump Tariff Cut | APT

Lesotho’s textile industry remains in crisis despite U.S. President Donald Trump reducing a proposed 50% tariff to 15%, Trade Minister Mokhethi Shelile said on Friday. The garment sector, which forms the backbone of Lesotho’s export economy and relies heavily on the U.S. market via the Africa Growth and Opportunity Act (AGOA), has seen thousands of jobs lost as American buyers canceled orders under the tariff threat. While the Trump administration defends the move by citing alleged 99% duties on U.S. goods, Lesotho officials dispute the claim and warn that the 15% tariff still makes their textiles uncompetitive. With over 12,000 jobs at stake, the government is now scrambling to secure better terms or find alternative markets. #lesotho #trump #US #apt