US Reverses 15% Tariffs on Ghana’s Cocoa and Key Agricultural Exports

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Cocoa beans are pictured next to a warehouse at the village of Atroni, near Sunyani, Ghana April 11, 2019. REUTERS/Ange Aboa

The United States government has officially notified Ghana that President Donald Trump has rescinded the 15% tariffs previously imposed on Ghanaian cocoa and selected agricultural products.

According to US diplomats, the tariff reversal took effect on November 13, 2025, following a new Executive Order signed by President Trump.

Products now exempt from the tariff include cocoa, cashew nuts, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger and assorted peppers.

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With Ghana exporting an estimated 78,000 metric tons of cocoa beans to the US annually, and with current spot prices at US$5,300 per metric ton, the tariff removal is expected to generate an additional US$60 million (GHS667 million) in revenue for Ghana each year.

Foreign Affairs Minister Samuel Okudzeto Ablakwa described the development as a positive step, noting that the US remains the world’s largest importer of chocolate and cocoa products.

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He added that Ghana and the United States will continue to strengthen their longstanding bilateral relations.

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