Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs

Why did tariffs spark market volatility? What drove global stock selloffs today? How do tariffs impact supply chain costs? Why are companies moving production from China? What fueled investor flight to safe havens? How will trade talks affect market growth? What triggered GM to halt Cadillac production? Why is the Harley-Davidson CEO retiring? How will tariffs reshape the auto industry?

Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs

nytimes.com/2025/04/05/business/economy/when-huge-trump-tariffs-hit-small-african-economies.html

The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.

This story appeared on nytimes.com, 2025-04-05 09:03:37.