Tariff jolt
Lesotho's textile industry faces massive closures amid US levies
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The tariffs were reduced to 15 percent now but for Tzicc and its customers, it was too late. The factory decided to rush to deliver preexisting orders before tariffs resumed. But buyers stopped placing new orders. With no work left, virtually all the factory's employees were sent home — potentially permanently.
"Well, unfortunately, we finished," factory compliance manager Rahila Omar said, pointing out the irony of the strategy as she walked among rows of silenced and covered machines. "That is why now we don't have any work."