USA Revokes 15% Tariffs on Ghanaian Cocoa and Agric Products- Foreign Minister
The Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has announced that the United States of America (USA) has revoked the 15% tariff on selected Ghanaian agricultural products.
In a statement on November 24, 2025, he said the US Administration officially informed the Government of Ghana.
“US diplomats confirm to me that the 15% tariff reversal came into effect on November 13, 2025, following President Trump’s new Executive Order.”
The tariff affected cocoa, cashew nut, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger and assorted peppers.
In a statement, Hon Ablakwa welcomed the news as a positive development.
According to the Minister, Ghana will earn additional revenue of US$60 million, that is, GHS667million.
“With an estimated annual Ghanaian cocoa beans export to the US averaging 78,000 metric tons, and at the current spot price of $5,300/MT. Ghana stands to raise additional revenue of US$60 million (GHS667million) each year, resulting from Trump’s tariff rescission.”
Story by Hajara Fuseini
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