Lesotho’s textile factories face closures despite US tariff cut
MASERU, Lesotho. — The southern African nation of Lesotho has had its U.S. export tariff reduced from a threatened 50% to 15% but its crucial textile industry still faces massive factory closures, officials said on Friday. Despite a reduction announced by U.S. President Donald Trump, the country’s textile sector says it remains at a competitive
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