Lesotho, one of Africa’s smallest nations, is facing a major economic crisis after the United States imposed a 50% tariff on its exports. The textile industry, which supports thousands of workers and serves as a key economic driver, is now at risk of collapse. Factory owners and workers are grappling with uncertainty as orders dry up and costs soar. Al Jazeera’s Fahmida Miller reports from Maseru, in Lesotho. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Lesotho #LesothoTextiles #USAfricaTariffs #TradeWar #LesothoExports #LesothoEconomy #US50PercentTariff #AfricanIndustries #TariffImpact #TextileIndustry #TradePolicyAfrica #USLesothoRelations #AlJazeeraEnglish
Lesotho industries brace for collapse as US imposes steep tariffs
Lesotho, one of Africa’s smallest nations, is facing a major economic crisis after the United States imposed a 50% tariff on its exports. The textile industry, which supports thousands of workers and serves as a key economic driver, is now at risk of collapse. Factory owners and workers are grappling with uncertainty as orders dry up and costs soar. Al Jazeera’s Fahmida Miller reports from Maseru, in Lesotho. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Lesotho #LesothoTextiles #USAfricaTariffs #TradeWar #LesothoExports #LesothoEconomy #US50PercentTariff #AfricanIndustries #TariffImpact #TextileIndustry #TradePolicyAfrica #USLesothoRelations #AlJazeeraEnglish