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The tariff trap: Why Lesotho’s “reciprocal" duties hand advantage to regional rivals

Lesotho’s garment industry, once a beacon of industrial growth in Southern Africa, is facing a collapse that unions describe as a “gendered supply chain shock.” Following the US administration’s imposition of “reciprocal” tariffs — which reached as high as 50 percent before settling at a 15 percent surcharge — the mountain kingdom’s largest...

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Shein seeks Vietnam expansion to offset U.S. tariffs

Fast-fashion leader Shein is encouraging key Chinese suppliers to establish production facilities in Vietnam, offering temporary incentives such as higher procurement prices of up to 30 percent and larger order guarantees, according to a Bloomberg report. The move comes in response to recent U.S. trade policy changes, including the removal of...

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