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Lesotho declares disaster over potential U.S. tariff changes threatening 40,000 jobs.
Lesotho has declared a state of disaster due to uncertainty over US tariffs, with high unemployment rates already at 30%.
The country's textile industry, heavily reliant on favorable US trade access through the African Growth and Opportunity Act (AGOA), faces potential job losses of up to 40,000 if AGOA isn't renewed by September.
The state of disaster is set to last until June 2027.
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Lesotho declara desastre por los posibles cambios arancelarios de Estados Unidos que amenazan 40.000 empleos.