Global Trade Raised Living Standards for Millions. New Barriers Are Reversing the Trend.
https://www.wsj.com/world/asia/trump-global-trade-living-standards-f4c5a2ae
In Indonesia and elsewhere, export manufacturing helped narrow the wealth gap with the West, creating a consumer class, but that transformation has stalled.
https://www.wsj.com/world/asia/trump-global-trade-living-standards-f4c5a2ae
In Indonesia and elsewhere, export manufacturing helped narrow the wealth gap with the West, creating a consumer class, but that transformation has stalled.
In a Country Trump Says Nobody’s Heard Of, Tariffs Bring Chaos
https://www.wsj.com/world/africa/lesotho-tariffs-state-of-disaster-87c17f46
Lesotho has declared a state of disaster due to mass layoffs following the threat of 50% tariffs.
https://www.wsj.com/world/africa/lesotho-tariffs-state-of-disaster-87c17f46
Lesotho has declared a state of disaster due to mass layoffs following the threat of 50% tariffs.
How the Threat of Trump’s Highest Tariff Derailed an African Nation
https://www.nytimes.com/2025/08/01/world/africa/lesotho-tariffs-textile-industry.html
The president backed off his call for a 50 percent tariff on Lesotho, imposing 15 percent instead. But in a country where most people live hand-to-mouth, the damage was already done.
https://www.nytimes.com/2025/08/01/world/africa/lesotho-tariffs-textile-industry.html
The president backed off his call for a 50 percent tariff on Lesotho, imposing 15 percent instead. But in a country where most people live hand-to-mouth, the damage was already done.