Articles

  • 1 week ago | bloomberg.com | Jennifer Zabasajja |Mike Cohen

    Workers use sewing machines at a factory in Maseru, Lesotho earlier in March. (Bloomberg) -- Lesotho is at risk of a liquidity crisis if US President Donald Trump follows through on plans to impose a 50% levy on imports from the tiny southern African mountain kingdom, its trade minister warned. Trump announced this month he’ll apply tariffs of at least 10% on most goods coming into America, with even higher duties on some 60 nations, to counter trade imbalances.

  • 1 week ago | news.bloombergtax.com | Jennifer Zabasajja |Mike Cohen

    Lesotho is at risk of a liquidity crisis if US President Donald Trump follows through on plans to impose a 50% levy on imports from the tiny southern African mountain kingdom, its trade minister warned. Trump announced this month he’ll apply tariffs of at least 10% on most goods coming into America, with even higher duties on some 60 nations, to counter trade imbalances. Lesotho was hit with the highest levies on the continent before Trump paused the additional duties for 90 days.

  • 1 week ago | news.bloomberglaw.com | Jennifer Zabasajja |Mike Cohen

    Lesotho is at risk of a liquidity crisis if US President Donald Trump follows through on plans to impose a 50% levy on imports from the tiny southern African mountain kingdom, its trade minister warned. Trump announced this month he’ll apply tariffs of at least 10% on most goods coming into America, with even higher duties on some 60 nations, to counter trade imbalances. Lesotho was hit with the highest levies on the continent before Trump paused the additional duties for 90 days.

  • 2 weeks ago | bloomberg.com | Moses Mozart Dzawu |Jennifer Zabasajja

    African nations can weather the potential fallout of US President Donald Trump’s tariffs by increasing trade among each other, according to the head of a bank that operates in 35 countries on the continent. Trump’s tariffs will supersede the African Growth and Opportunity Act that about 30 nations used to develop export-oriented industries such as apparel.

  • 2 weeks ago | flipboard.com | Moses Mozart Dzawu |Jennifer Zabasajja

    Now ‘Ugly’ Monday Crash Warning As Sudden $1.3 Trillion Crypto Price Meltdown Hits Bitcoin, Ethereum, XRP, Solana And Dogecoin Bitcoin and crypto prices have fallen sharply, catching up with stocks that plunged in the aftermath of Donald Trump’s so-called Liberation Day of global tariffs that could become a “crisis scenario.” Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & … 2 hours ago Trump is losing the confidence of business leaders,...

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Jennifer Zabasajja
Jennifer Zabasajja @jennzaba
7 Apr 25

*MSCI EMERGING MARKETS INDEX DROPS 6.9%, MOST SINCE 2020 Not a good start to the week for EM on #tariff impact

Jennifer Zabasajja
Jennifer Zabasajja @jennzaba
3 Apr 25

RT @economics: Zimbabwe’s President Emmerson Mnangagwa has repeatedly insisted that he’ll retire when his second term comes to an end in 20…

Jennifer Zabasajja
Jennifer Zabasajja @jennzaba
22 Mar 25

One of the most heartbreaking reads I’ve read in awhile. As the daughter of Ugandan immigrants who left home to find a better life for themselves and their families, tragic that this is reportedly occurring to so many young East Africans via @nytimes https://t.co/NmSr3pKZVN