Lesotho's exports to the US in 2024 were valued at $237.3 MILLION lol. Trump now wants 50% of that.
King George III, who also was nuts, was a benevolent king to America compared to this guy.
Trump's biggest tariff was on tiny Lesotho. Here's what to know about the African kingdom.
... Mr. Trump's so-called "Liberation Day" tariffs
included a whopping 50% levy on the small, impoverished nation's
imports, and the Lesotho government quickly said it would send a
delegation to Washington. ...
Lesotho's annual gross domestic product of $2 billion is highly reliant on exports, mostly of textiles, including jeans. ...
The White House claims, by way of [its] formula, that Lesotho imposes 99% tariffs and other barriers on U.S. imports. ...
With an annual gross domestic product of just over $2 billion, Lesotho is largely dependent on South Africa — it biggest trading partner — from which it imports most of its food, selling water in return.
The economy has been heavily reliant on textile exports bound for the United States through the African Growth and Opportunity Act (AGOA) trade deal, which provides duty-free access to the U.S. market for some African products. The Trump administration's imposition of tariffs on African nations has raised questions over how likely the White House is to renew the AGOA pact when it expires in September. ...
