{"id":312888,"date":"2025-11-25T14:22:15","date_gmt":"2025-11-25T14:22:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/312888\/"},"modified":"2025-11-25T14:22:15","modified_gmt":"2025-11-25T14:22:15","slug":"ghana-welcomes-suspension-of-trumps-15-tariffs-on-cocoa-others","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/312888\/","title":{"rendered":"Ghana welcomes suspension of Trump&#8217;s 15% tariffs on cocoa, others"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Ghana-welcomes-suspension-of-Trump-s-15-tariffs-on-cocoa-others-2010836?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/20570867.295.jpg\" alt=\"Samuel Okudzeto Ablakwa is the Minister of Foreign Affairs\" title=\"Samuel Okudzeto Ablakwa is the Minister of Foreign Affairs\" width=\"295\" height=\"184\" \/> <\/a>Samuel Okudzeto Ablakwa is the Minister of Foreign Affairs<\/p>\n<p id=\"article-123\">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Trump\u2019s 15% imposition of tariffs on cocoa and certain qualifying agricultural products from Ghana has been rescinded, Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced.<\/p>\n<p>He left a statement on his Facebook page on Monday, November 24, 2025.<\/p>\n<p>\u201cUS diplomats confirm to me that the 15% tariff reversal came into effect on November 13, 2025, following President Trump\u2019s new Executive Order,\u201d Mr Ablakwa said.<\/p>\n<p>\u201cOther agricultural products from Ghana now exempted include cashew nut, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger, and assorted peppers,\u201d he also enumerated.<\/p>\n<p>The minister optimistically forecast: \u201cWith an estimated annual Ghanaian cocoa beans export to the US averaging 78,000 metric tons, and at the current spot price of $5,300\/MT, Ghana stands to raise additional revenue of US$60 million (GHS667 million) each year resulting from Trump\u2019s tariff rescission.\u201d<\/p>\n<p>\u201cGhana welcomes this positive development from the US, which is the world\u2019s leading importer of chocolate and cocoa products,\u201d Mr Ablakwa emphasised.<\/p>\n<p>\u201cGhana and the USA will continue to forge closer and mutually beneficial relations,\u201d he noted in conclusion.<\/p>\n","protected":false},"excerpt":{"rendered":"Samuel Okudzeto Ablakwa is the Minister of Foreign Affairs The United States Administration has officially informed the Government&hellip;\n","protected":false},"author":2,"featured_media":312889,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-312888","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\/312888","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=312888"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/312888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/312889"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=312888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=312888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=312888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}