Latest News Lead Story

Trump removes 15% tariff on Ghanaian exports to US

The government of Ghana has announced that it has received official confirmation from the United States of America that the 15% tariff imposed on Ghana’s cocoa and selected agricultural exports has been fully removed.

The Minister of Foreign Affairs Samuel Okudzeto Ablakwa disclosed the development in a Facebook post on Monday, November 24, 2025, noting that U.S. diplomats formally communicated the decision to Ghana’s Mission in Washington, D.C.

According to Mr. Ablakwa, the reversal took effect on November 13, 2025, following the signing of a new Executive Order by U.S. President Donald Trump.

The tariff removal rolls back a policy introduced during Trump administration, which had placed significant cost burdens on Ghana’s cocoa exports to the American market.

The rescission covers not only cocoa but a wide range of Ghanaian agricultural products, including cashew nuts, avocados, bananas, mangoes, oranges, limes, plantains, pineapples, guavas, coconuts, ginger, and assorted peppers.

See also  Ethiopian Airline Rewards top Selling Agents

Government officials estimate that with Ghana exporting an average of 78,000 metric tons of cocoa beans to the U.S. annually—at a spot price of about $5,300 per metric ton eliminating the tariff could yield an additional $60 million (approximately GHC 667 million) in revenue each year.

The government has welcomed the announcement, describing it as a major boost to one of Ghana’s most strategic export sectors.

The U.S. remains the world’s largest importer of chocolate and cocoa products, making tariff-free access particularly critical for Ghana’s export earnings and market competitiveness.

Mr. Ablakwa added that Ghana and the United States are committed to strengthening cooperation and advancing mutually beneficial economic relations in the years ahead.

Source: citinewsroom.com

Related Posts

Putin doubles down on demands for Ukrainian...
President Vladimir Putin has doubled down on his core demands...
Read more
Tax avoidance, evasion have direct impact on...
[caption id="attachment_113" align="alignleft" width="300"] Mr. Kofi Annan[/caption]
See also  Queen Made Lasting Impression On Me - Agyeman-Rawlings
Former UN Secretary-General, Kofi...
Read more
UN Marks World Day of Social Justice
The United Nations has urged the international community to focus...
Read more

Leave a comment

Your email address will not be published. Required fields are marked *

Social media & sharing icons powered by UltimatelySocial