Tariff concession comes too late for Lesotho
01/08/2025
The US has set a tariff of 15% on imports from Lesotho, according to an announcement from the White House at the end of July.
In the major tariff announcements that US president, Donald Trump, made in April, he said the rates for Lesotho would be 50%. It was one of many places that exported much more to the US than it imported from there, creating a trade deficit.