Lesotho’s economy is threatened by potential U.S. trade policy changes under President Trump. A factory in Maseru employs 400 workers who produce jeans for global retailers, illustrating the country’s reliance on textile exports. The economic fragility is a point of concern for local workers and industries.
Lesotho is facing concerns associated with potential changes in U.S. trade policies under President Donald Trump. In a factory situated in Maseru, the capital, approximately 400 workers diligently operate sewing machines, producing jeans for the international market. The garments manufactured here are often sold through prominent retailers such as Walmart in the United States and Mr Price in South Africa, linking the local economy to global supply chains. The fear is that a shift in U.S. policies may adversely affect Lesotho’s fragile economy, which heavily relies on the import of textiles and apparel.
The article highlights the vulnerability of Lesotho’s economy to U.S. trade policy fluctuations, particularly under President Trump. The textile industry, vital for jobs and exports, faces potential risks that could exacerbate economic challenges. The country’s integration into the global market underscores its dependence on the apparel sector, raising concerns regarding future viability.
Original Source: www.djournal.com
