Lesotho, the African kingdom entirely surrounded by South Africa, was once renowned as the “denim capital of Africa.” However, this status is rapidly deteriorating. In April, an unexpected 50% tariff imposed by Donald Trump on the country caused a significant decline in its manufacturing industry. Despite the tariffs being temporarily halted, the ensuing uncertainty has had a severe impact.
Source: https://www.france24.com/en/tv-shows/eye-on-africa/20250731-trump-s-tariffs-deadline-looms
