By Enock Akonnor (Managing Editor) enockakonnor2013@gmail.com
The Government of Ghana says it has received official communication from the United States Administration confirming the rescission of former President Donald Trump’s 15% tariffs on cocoa and several other agricultural products exported from Ghana.
According to a statement by Ghana’s Minister for Foreign Affairs, Hon. Samuel Okudzeto Ablakwa, and posted on his official Facebook page, U.S. diplomats formally notified him that the reversal took effect on November 13, 2025, following a new Executive Order signed by President Trump.
The withdrawn tariffs apply not only to cocoa but also to a wide range of Ghanaian agricultural products, including cashew nuts, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger, and assorted peppers.
Hon. Ablakwa noted that the policy change is expected to have significant economic benefits for Ghana, particularly in the cocoa sector.
With annual cocoa bean exports to the U.S. averaging 78,000 metric tons, and current global prices hovering around $5,300 per metric ton, Ghana could gain an estimated US$60 million (approximately GHS667 million) in additional annual revenue as a direct result of the tariff removal.
He described the development as a positive and welcome shift, especially given that the U.S. remains the world’s largest importer of chocolate and cocoa-related products.
“Ghana welcomes this positive development from the US,” the Foreign Minister said, adding that the move strengthens ongoing economic cooperation between the two countries.
The statement concluded with a reaffirmation of Ghana’s commitment to deepening bilateral ties, stating that Ghana and the United States “will continue to forge closer and mutually beneficial relations.”
Source; www.leakyGhana.com
Enock Akonnor is an experienced Ghanaian journalist, based in Kumasi and currently serves as the CEO and Managing Editor of www.leakyghana.com.
With a wealth of expertise built over many years in the media industry, he has earned a solid reputation as one of Ghana’s most sought-after journalists.
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