Lesotho’s economy is largely dependent on its garment manufacturing sector, particularly factories producing jeans for global brands like Walmart and Mr Price. Local workers express concerns that recent comments by President Donald Trump may disrupt trade agreements, threatening this already fragile economy.
Lesotho’s economy is heavily reliant on the garment industry, with factories producing apparel for international markets. In Maseru, a notable factory employs approximately 400 workers who manufacture jeans and sportswear, which are sold by major retailers such as Walmart and Mr Price. This economic dependence has intensified concerns among local workers about potential ramifications following recent comments by U.S. President Donald Trump, which may affect trade agreements and foreign investment.
The garment industry plays a critical role in Lesotho’s economy, employing many citizens and providing products for global markets. The uncertainty surrounding potential changes in U.S. trade policy, especially amidst disparaging remarks from President Trump, raises fears of significant negative impacts on this already vulnerable economy. Lesotho’s reliance on apparel manufacturing underlines the need for stability in trade relations.
Original Source: www.djournal.com
