- Lesotho faces the highest U.S. tariffs in the world, set at 50%, due to a new executive order by President Trump.
- Other African nations hit hard include Madagascar (47%), Mauritius (40%), Botswana (38%), Angola (32%), Libya (31%), and South Africa (31%).
- Trump’s tariffs, effective from April 9, aim to reduce trade deficits and boost U.S. manufacturing and jobs.
- The U.S. criticizes South Africa’s trade barriers on pork and poultry, leading to a significant decline in U.S. exports.
- Trump threatens higher tariffs if countries retaliate, based on disputed calculations of trade imbalances.
