The United States Administration has officially informed the Government of Ghana that President Trump’s 15% tariffs on cocoa and several key agricultural products from Ghana have been rescinded, Foreign Affairs Minister Samuel Okudzeto Ablakwa announced on Monday, November 24, 2025.
Breaking the news in a statement posted to his Facebook page, Mr. Ablakwa revealed that US diplomats confirmed the reversal of the tariffs, which took effect on November 13, 2025, following a new Executive Order by President Trump.
“Other agricultural products from Ghana now exempted include cashew nut, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger and assorted peppers,” the Minister listed, highlighting the breadth of the fresh exemption.
Mr. Ablakwa expressed optimism about the economic impact of the decision. “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 per metric ton, Ghana stands to raise additional revenue of US$60 million (GHS667 million) each year resulting from Trump’s tariff rescission.”
He described the development as a significant boost for Ghana, noting, “Ghana welcomes this positive development from the US, which is the world’s leading importer of chocolate and cocoa products.”
Concluding his statement, Mr. Ablakwa emphasised the strengthening ties between the two countries: “Ghana and the USA will continue to forge closer and mutually beneficial relations.”
Source: Apexnewsgh.com
