-
Rennie confident Jordan, Roigard will be fit to face Springboks
-
Hunt bags third Euro gold, Diaz shines in triple jump
-
PSG sign Belgian winger Godts from Ajax
-
Depleted Djokovic falls in Cincinnati Masters opener
-
Nillessen claims shock European 1,500m gold
-
Lala, now a hurricane, dumps heavy rain on Hawaii
-
Taylor scores two tries in winning debut as New Zealand captain
-
American Kate Douglass reclaims 50m freestyle world record
-
England defender Spence leaves Spurs for Inter Milan
-
Kit confusion disrupts Newcastle friendly against Leverkusen
-
Moore double leads Spurs to 3-0 friendly win over Hoffenheim
-
Marchand wins first Euros gold as Liebmann breaks 1500m free world record
-
Man Utd beaten by former boss Amorim's AC Milan in friendly finale
-
Zambia's vote marred by intimidation, counting pause: observers
-
Villagers evacuate as Belgium battles record wildfire
-
Marchand wins 200m butterfly for first Euros gold
-
Despite booming economy, young Moroccans still dream of Europe
-
Fernandez booed by Chelsea fans in friendly win over Sociedad
-
South Korea president proposes talks with North to formally end Korean War
-
Fans line Welsh streets as Bonnie Tyler body's returns for funeral
-
Residents evacuate as Belgium wildfire scorches 1,600 hectares
-
Tropical Storm Lala lashes Hawaii with heavy rain
-
easyJet strike sees 100 French flights cancelled
-
Lebanon reports 11 dead in strikes that Israel says targeted Hezbollah
-
Monica Bellucci and Florin Serban win at Locarno Film Festival
-
Crystal Palace sign Israel winger Khalaili
-
India's Padikkal hits unbeaten century in first Sri Lanka Test
-
Rescuers search for survivors as Indonesian quake death toll rises to 47
-
Liechtenstein places gender equality on its throne
-
Taliban govt supporters dance, take selfies in Kabul celebrations
-
Street rallies held as Taliban govt marks five years ruling Afghanistan
-
UK PM urges 'reflection' after Cambridge professor's death
-
World Cup winner Ferran Torres signs for PSG from Barcelona
-
Rescuers search for survivors as Indonesian quake death toll rises to 40
-
Monsoon rains submerge villages, fields in Myanmar
-
Earthquake rocks Spain's tourist jewel Granada
-
India's Padikkal, Rahul hit half-centuries in Sri Lanka Test
-
Perez, Fiorini set world records in winning Euro race walk golds
-
UK-based Afghan writer pleads for country's 'abandoned' women
-
Lebanon says 9 dead in strikes as Israel says targeted Hezbollah
-
Werro edges Hodgkinson in boost for world record-seeking 800m rivalry
-
World Cup winner Ferran Torres signs for Paris Saint-Germain
-
Mehidy claims Smith as Bangladesh sense historic upset in Australia
-
Disney reveals 'X-Men' cast, slate of sequels at D23 fan event
-
Indonesia rescuers search for survivors as quake death toll rises to 38
-
Star Cameroon goalkeeper Bihina faces Malawi's prolific Chawinga sisters in WAFCON final
-
Japan coach Jones says team should not get despondent after heavy loss
-
Mehidy claims Smith to keep Bangladesh on top in Australia Test
-
Flags, music as Taliban authorities mark five years ruling Afghanistan
-
Iran fires back at Trump's threat to declare Hormuz a US territory
Lesotho hardest hit as new US tariffs rattle Africa
The small African kingdom of Lesotho feared the worst for its textile industry Thursday after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single nation.
Other African countries hit with Trump's "reciprocal tariffs" above the new baseline rate of 10 percent include Madagascar (47 percent), Mauritius (40 percent), Botswana (37 percent), Equatorial Guinea (30 percent) and South Africa (30 percent).
But the mountain kingdom, which the US administration says is among "the worst offenders" with high tariffs on US imports, will be particularly hard hit as it is reliant on exports of mostly textiles, including jeans.
While its government did not immediately react to the new tariffs, Lesotho Private Sector Foundation CEO Thabo Qhesi told AFP Thursday they meant that "the textile and apparel industry is going to die."
The clothing industry is the largest employer in the tiny kingdom of around 2.3 million people, providing more than 35,000 workers, according to official data.
"Before the introduction of the reciprocal tariffs, investors enjoyed exporting goods to the US market duty-free," Qhesi said.
"With the introduction of the 50-percent tariffs, Lesotho is no longer going to be lucrative for investors," he said, adding the transport, retail and residential property sectors would also suffer.
At 47 percent, the tariffs are also high for Madagascar, which said Thursday it had approached the US embassy to "seek clarification and explore possibilities for adjusting these new tariff barriers".
The government will "mobilise all diplomatic and commercial levers to obtain a review of these measures", it said.
South African President Cyril Ramaphosa said Thursday the tariffs were "a barrier to trade and shared prosperity".
They underscore the urgent need for "a new bilateral and mutually beneficial trade agreement", he said. The United States is South Africa's second-largest trading partner.
The country's automotive sector will be among the hardest hit, with separate tariffs of 25 percent on foreign-made cars going into effect shortly after Trump's late Wednesday proclamation.
Motor vehicles account for 22 percent of South Africa's exports to the United States, worth $1.88 billion, according to government statistics.
- Diversifying trade -
South African Minister of Trade Parks Tau said the new global trade war would affect poorer countries most and "literally devastate" Lesotho.
"We now have to look amongst ourselves and say, within the customs union in Southern Africa, within the Southern African Development Community, and within the region of Africa, how we're going to respond to these issues," he told journalists.
"Diversifying our trade is going to be important... enhancing our work on the African continent and collaborating," he said.
The new US tariffs will be "disruptive of global value chains, invite retaliation, ignite inflation, dampen world economic growth and prompt repricing of risks in financial markets", said South Africa-based economics professor Raymond Parsons.
South Africa "must see what trade adjustments might be made to win concessions to ameliorate the situation", Parsons said, adding Pretoria should "prudently seize the moment" to find alternative trading partners.
However, "everybody is going to look for new trading partners," said South African economist Dawie Roodt. "Of course, we must try. But it's going to be tough."
G.Teles--PC