The Minister of Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa, says the United States government has officially notified Ghana of the reversal of former President Donald Trump’s 15 percent tariff on cocoa and selected agricultural products exported from Ghana.
In a Facebook post on Monday, November 24, the Minister said U.S. diplomats had confirmed that the tariff rescission took effect on November 13, 2025, following a new Executive Order issued by President Trump.
“The United States Administration has officially informed the Government of Ghana that President Trump’s 15% imposition of tariffs on Cocoa and certain qualifying agricultural products from Ghana have been rescinded. US diplomats confirm to me that the 15% tariff reversal came into effect on November 13, 2025 following President Trump’s new Executive Order.”
Ablakwa explained that the removed tariffs cover cocoa and a range of other Ghanaian agricultural exports, including cashew nuts, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger, and assorted peppers.
He noted that with Ghana exporting an average of 78,000 metric tonnes of cocoa beans to the U.S. annually — at a current spot price of US$5,300 per metric tonne — the reversal is expected to generate an additional US$60 million (approximately GH₵667 million) in revenue each year.
According to him, Ghana welcomes the development, especially as the U.S. remains the world’s largest importer of chocolate and cocoa products.
He added that Ghana and the United States will continue to strengthen their cooperation and pursue mutually beneficial relations.
Source: Starrfm.com.gh
