Tuesday, November 25, 2025 - Ghana has officially received confirmation from the United States that Washington has fully removed the 15 percent tariff previously imposed on the West African nation’s cocoa and agricultural exports, according to an announcement by Ghana’s Foreign Minister on Monday.
The tariff rollback reverses a Trump-era policy that had
significantly increased the cost of Ghanaian produce entering the US market.
Foreign Affairs Minister, Samuel Okudzeto Ablakwa confirmed
the development on X, stating that the US administration had formally informed
the Government of Ghana that "President Trump’s 15% imposition of tariffs
on Cocoa and certain qualifying agricultural products from Ghana has been
rescinded."
He added that American diplomats confirmed the tariff
reversal came into effect on November 13, 2025, following a new Executive Order
signed by President Trump.
This decision comes at a notable point in Ghana–US relations.
Accra recently accepted dozens of deportees from the United States exclusively
West Africans, a move the government described as humanitarian but which drew
domestic criticism. Washington had also recently reversed visa restrictions on
Ghanaian travelers after months of diplomatic engagement.
Ghana, the world’s second-largest cocoa producer, relies
heavily on export revenues to stabilize its currency and finance public
spending.
The economic impact of the reversal is substantial:Ghana
exports an average of 78,000 metric tons of cocoa beans to the United States
annually. At the current spot price, the Minister estimated that the country
“stands to raise additional revenue of US$60 million… each year” as a direct
result of the tariff rescission.
The exemptions also cover several other Ghanaian agricultural
products, including:Cashew nuts, Avocados, Bananas, Mangoes, Plantain,
Pineapples, Coconuts, Ginger, Peppers.
0 Comments