Lesotho is one of the world’s poorest nations. The Trump administration cast a 50% reciprocal trade tariff on it, the highest levy on President Trump’s long list of target economies. The charge could kill entire industries in the tiny African kingdom, an independent economic analyst tells Reuters. - ThreadSky

nbcnews.com • 30 days ago

Lesotho is one of the world’s poorest nations.

The Trump administration cast a 50% reciprocal trade tariff on it, the highest levy on President Trump’s long list of target economies.

The charge could kill entire industries in the tiny African kingdom, an independent economic analyst tells Reuters.

Comments

trumpstenacity.bsky.social•30 days ago

Wouldn't it be great if Lesotho lowered its 99% tariff on US goods to say 10%, & we lowered ours to the same. Think of all the goods Lesotho could import for far less money that would help them NOT be so poor anymore.

omkensey.bsky.social•30 days ago

They are not reciprocal tariffs. Get your facts straight.

jennanne.bsky.social•30 days ago

How awful.

sugarcubedog.bsky.social•30 days ago

Quit calling them reciprocal. He’s destroying our economy plus others around the globe.

merfyfinn.bsky.social•30 days ago

ENJOY THE war you declared war on , Canada, expect to be treated as a war criminal, if you cross the border, USA are a Hitler regeam , Hitler was stopped by the world , but Americans approve and still vote Republican in Florida. Screw the USA . To vote for a dictatorship

sugarcubedog.bsky.social•30 days ago

It’s spelled regime.

merfyfinn.bsky.social•30 days ago

Republicans said and can be quoted they do not care

lynthehistoryteach.bsky.social•30 days ago

This is bc of Felon’s ties to South Africa. He can’t stand to see an independent country like Lesotho prosper and wants to crush its economy.

chrislubbers.bsky.social•30 days ago

So Elon and he can swoop in and take it over...

modoubtingthomas.bsky.social•30 days ago

He'll make a deal with them if they grant Elon his request. Not corrupt at all.

https://www.pbs.org/newshour/world/trump-said-nobody-has-ever-heard-of-lesotho-but-musk-is-trying-to-do-business-there

ed080850.bsky.social•30 days ago

Trumps chain saw massacre.

ding62.bsky.social•30 days ago

That would be the goal of this ill-conceived venture.

tamiltiger1.bsky.social•30 days ago

Come on, everyone knows Lesotho is the largest economic danger to the UNITED STATES OF AMERICA

sunsetvillage.bsky.social•30 days ago

He's latched onto Lesotho as an easy target of his bigotry and hate. He's a bully at every level.

"'Eight million dollars to promote LGBTQI+ in the African nation of Lesotho, which nobody has ever heard of,' Trump said, drawing laughs in the Congress."
https://www.reuters.com/world/lesotho-insulted-after-trump-says-nobody-has-heard-country-2025-03-05/