10 July 11:04
Lesotho has declared a state of national disaster due to unemployment of more than 30%, worsened by Trump's tariffs and US aid cuts.
Adrian Rusu
International
Foto: pixabay.com/ro
The state of national disaster was announced after unemployment topped 30%, reaching 50% among young people. Trump's 50% tariffs and foreign aid cuts have contributed to the economic crisis. The government has launched initiatives to support young people, but many consider the response insufficient. Lesotho, with a per capita GDP of just $916, relies on diamond and textile exports but risks significant job losses if the AGOA agreement is not renewed.
Sources
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