Khalid Nadvi
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Khalid Nadvi
@kmn-mcr.bsky.social
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Professor of International Development, Global Development Institute, University of Manchester, UK
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Who wins and who loses from this process?

@kmn-mcr.bsky.social considers the widespread impact of these tariff changes: "The prospect of a global recession is a real concern"

🔗: blog.gdi.manchester.ac.uk/trumps-tarif...
“The hardest hit are going to be some of the poorest countries on the planet, who had begun to build an industrial manufacturing base via exporting to the US through preferential trade access. Over 80% of the Lesotho clothing production goes to the US. The clothing sector, with over 35,000 workers, is the biggest manufacturing employer in the country. With an overnight tariff jump to 50%, Lesotho’s clothing industry is effectively dead.”
April 7, 2025 at 11:26 AM