The recent imposition of steep tariffs by US President Donald Trump has sent shockwaves through the global financial system, with African nations among the most affected. Notably, Lesotho faces a 50% tariff on its exports to the US, the highest on the continent. These tariffs are poised to impact businesses and livelihoods across Africa, potentially prompting a shift towards alternative trade partners like China. Concerns are also mounting regarding the future of the African Growth and Opportunity Act (AGOA) and its role in U.S.-Africa trade relations.
To delve deeper into these developments and their implications, is Development Economist and socio-economic researcher, Dr. Eddie Mahembe.

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