Lesotho | AnewZ

U.S. plans to extend Africa trade deal by a year

Lesotho's trade minister said on Wednesday (24 September) that the U.S. plans to extend the African Growth and Opportunity Act (AGOA), which gives the continent preferential access to U.S. markets, by a year, after returning from a visit to Washington.

Lesotho says lowered U.S. tariffs still threaten textile industry

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Lesotho textile industry

Lesotho says lowered U.S. tariffs still threaten textile industry

Lesotho’s government warned that a new 15% U.S. tariff on its textile exports, though reduced from a proposed 50%, could still cripple its economy. Officials say the cut is not enough to protect jobs in the garment industry, which depends heavily on duty-free access to the U.S. market.