Trump's Tariff Formula Makes No Economic Sense. It's Also Based on an Error

I feel bad for Lesotho- 50% is tough.

make lesotho great again!

Does anyone here know what is the impact of this for Lesotho in practice?

I found an article[1] but perhaps someone here knows more or is there in person.

> Lesotho exported $237m of goods last year to the US and imported $2.8m. Agoa[2], which has allowed tariff-free access to the US market for thousands of product types since 2000, created a thriving garment industry, accounting for about 20% of GDP.

> There are about 30,000 garment workers in Lesotho, mostly women, with 12,000 making clothes for US brands including Levi’s, Calvin Klein and Walmart in Chinese- and Taiwanese-owned factories.

> “(…) If we lose our jobs here, I’m almost certain that many of us will end up sleeping on empty stomachs.”

[1]: https://www.theguardian.com/global-development/2025/apr/04/l...

[2]: https://en.wikipedia.org/wiki/African_Growth_and_Opportunity...

Can't wait for the sniffling Marc Andreessen to claim this is blue skies for small tech.