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US rescinds 15% tariff on Ghanaian cocoa, boosting trade relations

Georgina Appiah Amponsah by Georgina Appiah Amponsah
November 24, 2025
in Business, News
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US rescinds 15% tariff on Ghanaian cocoa, boosting trade relations
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The United States Administration has officially informed the Government of Ghana that the 15% tariff imposed on cocoa and certain qualifying agricultural products from Ghana by President Trump has been rescinded.

According to a Facebook post by the Minister for Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa on Monday, November 24, 2025, US diplomats confirmed that the tariff reversal came into effect on November 13, 2025, following a new Executive Order by President Trump.

He revealed that the rescission of the tariff applies not only to cocoa but also to other agricultural products from Ghana, including cashew nut, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger, and assorted peppers.

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He further noted that with Ghana exporting an estimated annual average of 78,000 metric tons of cocoa beans to the US at a current spot price of $5,300 per metric ton, the removal of the tariff is expected to result in additional revenue of US$60 million (GHS667 million) for Ghana each year.

Mr. Ablakwa further stated that Ghana welcomes this positive development from the US, which is the world’s leading importer of chocolate and cocoa products.

“Ghana and the USA will continue to forge closer and mutually beneficial relations,” he stated.

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Tags: 15% tariffsAgricultural porductsDonald TrumpSamuel Okudzeto Ablakwa
Georgina Appiah Amponsah

Georgina Appiah Amponsah

A devoted writer for Angel Online. Passionate about sharing innovation and fostering meaningful connection through storytelling.

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