Lesotho is rushing to negotiate with the U.S. over looming tariffs that could devastate its economy and cripple its key textile exports.
Lesotho scrambled to assemble a delegation to travel to Washington for talks with the United States over tariffs that threaten to wipe out nearly half of its exports, officials said, warning of a potential death blow to its economy.
U.S. President Donald Trump imposed tariffs on America’s global trading partners, disrupting decades of rules-based trade that campaigners have long said is exceptionally favorable to rich countries like the United States.
The tariff rates, set to take effect on April 9, range from 10% to 50%. Lesotho faces the highest levy on Trump’s list of target economies, with a 50% tariff on its exports.
Lesotho's exports to the United States — mostly textiles for brands such as Levi's and Calvin Klein — totaled $237 million in 2024, accounting for more than a tenth of its GDP.
Surrounded by South African mountains, the kingdom of 2 million people is among the world’s poorest countries, with a GDP per capita of $916 in 2023, according to World Bank data.
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Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
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The long-running geopolitical tug-of-war over the world’s most popular short-form video application appears to have reached its finale, resolving a five-year saga that bridged two US presidencies and a brief nationwide service blackout.
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Police and paramilitary forces have been deployed across Bangladesh after violent protests erupted overnight over the killing of a prominent youth leader, raising concerns of further unrest ahead of national elections.
Thousands of Bulgarians took to the streets on Thursday evening to protest against the outgoing government, demanding fair elections and judicial reforms to address what they describe as widespread corruption.
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