The regional economies will be affected by the tariffs to varying degrees, with countries such as Lesotho hit hardest.

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Trump's announcement sent businesses scrambling. Orders froze. Buyers demanded discounts. Stock markets plummeted.

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If the 50% tariff is imposed, it will hurt Lesotho’s economy. He said this could cost 12 000 jobs and close 11 factories. The ...

African nations that were facing some of the steepest reciprocal tariffs from the Trump administration have been given a ...

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With the US set to slap a 50% tariff on Lesotho this week, the country's textile workers have warned that thousands of jobs ...

The South African Revenue Service’s (SARS ... From 1 November 2024, full duties were charged on clothing, footwear, textiles, and leather, with rates ranging from 20% to 45% plus VAT.