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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.
While the reduction was welcomed in some quarters, officials in Maseru said the impact could still be devastating.
The country’s Trade and Industry Minister, Mokhethi Shelile, said the lowered rate offered little relief, arguing that Lesotho could not compete with countries that remained tariff-free.
“For me it’s still like 50%,” Shelile said. “Our people in the garment industry will not compete. And they are, both are in the same market as us, and it would be quite easy for the buyers to switch their allegiance.”
The textile sector accounts for a large share of Lesotho’s formal employment and exports. But with some buyers already pulling out, workers and vendors said they were beginning to feel the pressure.
The government said it would continue lobbying Washington for a complete exemption. Without urgent intervention, business owners and unions warn the industry—one of Lesotho’s few economic lifelines—may not survive.
Israel and Iran continued to exchange strikes on Friday (13 March), as the U.S. and French militaries reported deaths in Iraq, and the U.N. launched a $325 million appeal to help Lebanon, where a seventh of the population have left their homes since fighting began.
Israeli Prime Minister Benjamin Netanyahu issued veiled threats to Iran’s new Supreme Leader, Mojtaba Khamenei, and Hezbollah on Thursday (12 March), during his first press conference since the conflict with Iran began.
A long-running investigation has suggested that the street artist known as Banksy may be legally named David Jones. A report indicates that Jones was previously known as Robin Gunningham, a name long associated with Banksy, before legally changing his name several years ago.
A widening conflict involving Iran, the United States and Israel has triggered escalating military strikes across the Middle East, disrupted shipping through the strategic Strait of Hormuz and raised concerns over global energy supplies. This live report tracks the latest developments.
Ayman Ghazali, a 41-year-old U.S. citizen born in Lebanon, crashed his truck into the hallway of a Detroit-area synagogue on Thursday (12 March) while children attended preschool. Security personnel shot him dead during the confrontation, and authorities said no one else was seriously injured.
Kremlin spokesman Dmitry Peskov said on Saturday (14 March) that many countries are interested in purchasing Russian oil after the United States temporarily eased sanctions on certain exports.
An explosion lightly damaged a Jewish school in Amsterdam early on Saturday (14 March) in what the city’s mayor described as “a deliberate attack against the Jewish community.”
Ukrainian drones struck an oil refinery and a key port in Russia’s southern Krasnodar region overnight (13-14 March), local authorities said, causing injuries and damage. In separate action, Russian air attacks on Ukrainian territory killed and wounded civilians near Kyiv, officials reported.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13rd of March, covering the latest developments you need to know.
North Korea fired what appeared to be a ballistic missile on Saturday (14 March), Japanese and South Korean officials said. The development comes amid the joint annual U.S.-South Korea "Freedom Shield" military drills and South Korean Prime Minister Kim Min-seok's visit to Washington.
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