>>22861818
To illustrate just how nonsensically these tariffs were calculated, take the example of Lesotho, one of the poorest countries in Africa with just $2.4 billion in annual GDP, which is being struck with a 50% tariff rate under the Trump plan, the highest rate among all countries on the list.
…
As a matter of fact Lesotho, as a member of the Southern African Customs Union (SACU), applies the common external tariff structure established by this regional trade bloc.
…
So since the tariffs charged by these 5 countries on U.S. products are exactly the same, they must all be struck with a 50% tariff rate by the U.S., right? Not at all: South Africa is getting 30%, Namibia 21%, Botswana 37% and Eswatini just 10%, the lowest rate possible among all countries.
Looking at Lesotho specifically, every year the U.S. imports approximately $236 million in goods from Lesotho (primarily diamonds, textiles and apparel) while exporting only about $7 million worth of goods to Lesotho (https://wits.worldbank.org/CountryProfile/en/Country/LSO/Year/2022/TradeFlow/EXPIMP/Partner/by-country).
Why do they export so little? Again this is an extremely poor country where 56.2% of the population lives with less than $3.65 a day (https://databankfiles.worldbank.org/public/…), i.e. $1,300 a year. They simply can't afford U.S. products, no-one is going to buy an iPhone or a Tesla on that sort of income…
https://www.moonofalabama.org/2025/04/white-house-lacks-financial-literacy-tariffs-show.html#more
wtaf - Lesotho?
I am looking for a sensical explanation, if any anon would be so kind as to provide one, I am keeping an open mind.