Categories: World News

Lesotho, a little African nation, is expecting a great success in Trump prices

The Nation that the Trump administration threw with the heaviest price of this week is a small rural and landlocked country in southern Africa that is among the poorest in the world.

Lesotho, which makes denim that goes to American brand jeans, was affected by a price of 50%. It was one of several low-income countries on the continent that were shocked by the samples above the minimum of 10% imposed on almost all American business partners. Madagascar, where three-quarters of the population live in poverty, will now meet with a price of 47% when his clothes, his vanilla and other exports enter the United States.

The products of Algeria, Angola, Botswana, Libya and Mauritius now have prices above 30%, as is South Africa, which was particularly attacked by the Trump administration.

Trump justified the growing prices by declaring that the world trading system has played the United States for a chump that picked up the tab for the world’s moochers.

But Lesotho is hardly a big player in world trade: it imported less than $ 3 million into goods from the United States and exported $ 240 million there last year.

The prices come as much as the African continent is already in shock. Barely a few weeks ago, the Trump administration ended billions of dollars in Africa assistance that underpinned the health care systems in many countries and helping for disaster.


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