Saturday, October 25, 2025

How Trump’s Tariffs Upended a Hub of Denim Manufacturing

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Lesotho – the so-called “denim capital” of the world – has been hit hard by new US tariffs and the expiration of the African Growth and Opportunity Act. Wall Street Week’s David Gura reports from Lesotho’s capital, Maseru, where factories supplying major US  brands are grappling with dramatically reduced orders out of the US. (Source: Bloomberg)

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