{"id":310967,"date":"2025-11-24T14:44:08","date_gmt":"2025-11-24T14:44:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/310967\/"},"modified":"2025-11-24T14:44:08","modified_gmt":"2025-11-24T14:44:08","slug":"ghanas-cocoa-sector-gets-relief-as-us-drops-15-import-tariffs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/310967\/","title":{"rendered":"Ghana&#8217;s cocoa sector gets relief as US drops 15% import tariffs"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Ghana-s-cocoa-sector-gets-relief-as-US-drops-15-import-tariffs-2010758?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/26988107.295.jpg\" alt=\"Cocoa is a key export commodity for Ghana\" title=\"Cocoa is a key export commodity for Ghana\" width=\"295\" height=\"197\" \/> <\/a>Cocoa is a key export commodity for Ghana<\/p>\n<p id=\"article-123\">The Minister of Foreign Affairs, <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=2383\" rel=\"nofollow noopener\">Samuel Okudzeto Ablakwa<\/a>, has announced that the United States government has officially lifted the 15% tariffs imposed on cocoa and other key agricultural products from Ghana. <\/p>\n<p>According to Ablakwa, the move took effect on November 13, 2025, following an Executive Order issued by President Donald Trump.<\/p>\n<p>In a post shared on his X page on November 24, 2025, Ablakwa described the decision as a \u201cpositive development,\u201d noting that the United States remains the world\u2019s largest importer of chocolate and cocoa-based products.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/15-US-tariff-on-Ghanaian-exports-takes-effect-August-7-1995046\" rel=\"nofollow noopener\" target=\"_blank\">15% US tariff on Ghanaian exports takes effect August 7<\/a><\/p>\n<p>\u201cWith an estimated annual export of Ghanaian cocoa beans to the US averaging 78,000 metric tons, and at the current spot price of $5,300 per metric ton, Ghana stands to gain additional revenue of US$60 million (GH\u00a2667 million) each year as a result of Trump\u2019s tariff rescission,\u201d he said.<\/p>\n<p>The rescission covers not only cocoa but also a wide range of Ghanaian agricultural products, including cashew nuts, avocados, bananas, mangoes, oranges, limes, plantains, pineapples, guavas, coconuts, ginger, and assorted peppers.<\/p>\n<p>The government has welcomed the announcement, describing it as a major boost to one of Ghana\u2019s most strategic export sectors. <\/p>\n<p>Ablakwa added that both countries would continue to strengthen what he called \u201cmutually beneficial relations.\u201d<\/p>\n<p>See the post below:<\/p>\n<p lang=\"en\" dir=\"ltr\" xml:lang=\"en\">The United States Administration has officially informed the Government of Ghana that President Trump\u2019s 15% imposition of tariffs on Cocoa and certain qualifying agricultural products from Ghana have been rescinded. <\/p>\n<p>US diplomats confirm to me that the 15% tariff reversal came\u2026<\/p>\n<p>\u2014 Sam Okudzeto Ablakwa (@S_OkudzetoAblak) <a href=\"https:\/\/twitter.com\/S_OkudzetoAblak\/status\/1992856031253123489?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">November 24, 2025<\/a> <\/p>\n<p>SP\/MA<\/p>\n<p>All you need to know about Ghana&#8217;s new vehicle number plates | BizTech:<\/p>\n<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Cocoa is a key export commodity for Ghana The Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced&hellip;\n","protected":false},"author":2,"featured_media":310968,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-310967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/310967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=310967"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/310967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/310968"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=310967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=310967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=310967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}