Africa in BusinessAfrica in Business

Lesotho is relieved as it has received a modified tariff rate of 15% instead of the initially announced 50%

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As the world adjusts to the new US Tariffs, Lesotho can breathe a sigh of relief as it has received a modified tariff rate of 15% instead of the initially announced 50%. Following the announcement of the reciprocal tariffs by US President Donald Trump, the Common Market for Eastern and Southern Africa - COMESA, called for a united strategy in response to the tariffs. Thami Ngubeni spoke to Dr Sizo Nkala, Research Fellow at the Centre for Africa-China Studies, University of Johannesburg..

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