China retaliates with extra tariffs on US goods
World Business Report
Impact of Tariffs on Lesotho's Textile Industry
This chapter explores the severe impact of new tariffs on US-bound goods from Lesotho, particularly jeopardizing the livelihood of thousands in the textile industry. With a shift from duty-free status to a 50% tariff, manufacturers face significant challenges that could lead to factory closures and job losses, prompting discussions on potential government interventions.
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