Trade

Trump Hits African Kingdom Lesotho With World-Highest Tariff

WATCH: Yvonne Mhagno from Bloomberg Economics discusses how tariffs introduced by US President Donald Trump can affect African economies.Source: Bloomberg

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By Mathabiso Ralengau

April 3, 2025 at 8:54 AM UTC

Updated on

April 3, 2025 at 1:11 PM UTC

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US President Donald Trump imposed a 50% reciprocal tariff on the tiny southern African mountain kingdom of Lesotho, the highest levy for any sovereign nation.