The Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced that the Trump administration has lifted the 15% tariffs it placed on Ghanaian agricultural exports earlier this year.
“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President Trump’s 15% imposition of tariffs on Cocoa and certain qualifying agricultural products from Ghana have been rescinded.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,” the minister said on X.
He further indicated that the list of now-exempt goods includes not only cocoa beans, but also other key Ghanaian exports such as cashew nuts, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger, and various peppers.
With Ghana exporting an estimated 78,000 metric tons of cocoa beans annually to the US, export to the US averaging, and at a current spot price of around $5,300 per metric ton, Ghana stands to raise additional revenue of $60 million (GHS667million) each year, resulting from Trump’s tariff rescission, the minister noted.
“Ghana welcomes this positive development from the US which is the world’s leading importer of chocolate and cocoa products.” he said.
Background
Earlier in August 2025, the US imposed new 15% tariffs on imports from several West African nations, including Ghana, Nigeria, Cote d’Ivoire, and Cameroon, under sweeping executive orders signed by Mr. Trump.