Samuel Okudzeto Ablakwa is the Minister of Foreign Affairs
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President Trump’s 15% imposition of tariffs on cocoa and certain qualifying agricultural products from Ghana has been rescinded, Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced.
He left a statement on his Facebook page on Monday, November 24, 2025.
“US diplomats confirm to me that the 15% tariff reversal came into effect on November 13, 2025, following President Trump’s new Executive Order,” Mr Ablakwa said.
“Other agricultural products from Ghana now exempted include cashew nut, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger, and assorted peppers,” he also enumerated.
The minister optimistically forecast: “With 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’s tariff rescission.”
“Ghana welcomes this positive development from the US, which is the world’s leading importer of chocolate and cocoa products,” Mr Ablakwa emphasised.
“Ghana and the USA will continue to forge closer and mutually beneficial relations,” he noted in conclusion.