GlobalTrade Archives - Page 2 of 2

August 3, 2025 0

Lesotho Receives Tariff Relief from the US, but its Economic Struggles Continue

U.S. tariffs, lowered from 50% to 10%, have devastated Lesotho’s Tzicc clothing factory, halting operations, risking 12,000 jobs, and leading to a state of disaster declaration as the nation grapples with economic turmoil.

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July 10, 2025 0

President Trump Meets with Five West African Leaders to Discuss Trade and Development

by ARPS Media

President Trump discussed trade, security, and infrastructure with leaders from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal, announcing tariff exemptions and funding for a Gabonese potash mine, amid skepticism from African Union officials.

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July 8, 2025 0

BRICS Leaders Condemn Trump’s Tariffs and His Stance on Iran

by ARPS Media

At the July 6, 2025, BRICS summit in Rio, leaders condemned tariffs and Iran attacks without naming Trump, as Brazil’s Lula criticized NATO spending and sought global reforms to avoid U.S. tariff threats, amid Xi Jinping’s absence and Putin’s virtual attendance.

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May 29, 2025 0

South Africa Proposes a Trade Deal to the US to Purchase LNG

by ARPS Media

South Africa offers to import US liquefied natural gas in exchange for duty-free vehicle exports, aiming to secure a $12 billion trade deal and strengthen economic relations with the US.

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