Home Southern Africa Lesotho Lesotho: Trump’s Tariffs Could Cost Lesotho 30,000 Jobs, the IMF Warns

Lesotho: Trump’s Tariffs Could Cost Lesotho 30,000 Jobs, the IMF Warns

Lesotho: Trump’s Tariffs Could Cost Lesotho 30,000 Jobs, the IMF Warns

Garment exports make up 80% of the country’s exports to the United States

A sudden and destabilising shift in US trade policy has shaken the foundations of Lesotho’s fragile economy, threatening its vital textile industry and the livelihoods of approximately 30,000 workers, mostly women, says the International Monetary Fund.

Garments make up 80% of Lesotho’s exports to the United States, which accounts for roughly 20% of the country’s total exports.


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