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Lesotho Is World’s Second Worst-Hit By Trump’s Tariffs

Lesotho is the second worst hit country by US tariffs.

The tiny Southern African country, has a large trade surplus with the us, mostly from diamonds and textiles, including jeans.

Trump has announced a minimum rate of 10% on all countries’ imports to the us and additional “reciprocal tariffs” for dozens of countries, including 20 in Africa.

Other African countries hit with extra tariffs include 47% for Madagascar, 40% for Mauritius, 37% for Botswana and 30% for south Africa.

Nigerian exports will be hit too – at a rate of 14%. US President, Donald Trump, said the reciprocal tariffs were “for countries that treat us badly”.

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