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US lifts 15% tariffs on Ghana’s Cocoa and Agricultural exports — Ablakwa confirms

The United States government has officially lifted the 15% tariffs previously imposed on cocoa and selected agricultural products from Ghana, Foreign Affairs Minister Samuel Okudzeto Ablakwa has announced.

The U.S. diplomats formally communicated the decision to Ghana’s Mission in Washington, D.C.

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

Products Now Exempted

The rescission covers not only cocoa but also a wide variety of Ghanaian exports, including:

Cashew nuts
Avocados
Bananas
Mangoes
Oranges
Limes
Plantains
Pineapples
Guavas
Coconuts
Ginger
Assorted peppers

Economic Impact

With Ghana exporting an average of 78,000 metric tons of cocoa beans annually to the U.S., and current spot prices at $5,300 per metric ton, the removal of tariffs is projected to generate an additional $60 million (GHS 667 million) in annual revenue for Ghana.

This development is expected to strengthen Ghana’s position in the global cocoa market, while also boosting the country’s agricultural sector and foreign exchange earnings.

Strengthening Bilateral Ties

Minister Ablakwa described the move as a “positive development,” emphasizing that Ghana and the United States will continue to deepen their partnership. The U.S., as the world’s leading importer of chocolate and cocoa products, remains a critical market for Ghana’s exports.

“Ghana welcomes this positive development from the U.S. Our two nations will continue to forge closer and mutually beneficial relations,” he added.

Source : Peacefmonline

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