By Ashiadey Dotse
The Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has announced that the United States government has officially informed Ghana that the 15% tariff on cocoa and some agricultural products has been cancelled.
According to to the minister, US diplomats confirmed that the reversal took effect on November 13, 2025, following a new Executive Order signed by President Donald Trump.
Mr. Ablakwa in a Facebook post on Monday November 24, 2025, explained that the tariff removal does not only cover cocoa but also cashew nuts, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger and assorted peppers.
He added that Ghana exports an average of 78,000 metric tons of cocoa beans to the US every year, stating that with the current world market price of cocoa at $5,300 per metric ton, Ghana is expected to earn an additional US$60 million (about GHS 667 million) annually because of the tariff cancellation.
The minister said Ghana welcomes this positive development, especially because the US remains the world’s largest importer of chocolate and cocoa products.
He noted that Ghana and the United States will continue to build strong and mutually beneficial diplomatic and economic relations.
