Reported 1 day ago
US President Donald Trump has enacted a striking 50% reciprocal tariff on the African nation of Lesotho, the highest rate applied to any country globally. This decision, aimed at addressing trade imbalances, follows an earlier announcement of tariffs on imports from numerous countries. Lesotho’s economy, heavily reliant on exports of diamonds and apparel to the US, faces challenges as this move undermines prior trade benefits.
Source: YAHOO