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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Effective August 7, 2025, Ghanaian exports to the United States will attract a 15 percent import tariff, following an announcement by the US government on July 31.
The tariff applies to several African countries, including Ghana, Nigeria, Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Malawi, Lesotho, and Madagascar.
The policy move, which is part of Washington’s broader trade realignment strategy, significantly raises the cost of exporting to the US and threatens the viability of Ghanaian export businesses.
While African nations face a 15 percent tariff, the US has imposed even steeper duties on other countries. South Africa and Libya will now pay a 30 percent tariff, while Tunisia faces a 25 percent rate.
Source: newsthemegh.com