US Ambassador Virginia Palmer and Samuel Okudzeto Ablakwa, Ghana’s Foreign Affairs Minister, met to discuss the US’s new 10% tariff on Ghanaian exports, which went into effect on April 5, 2025.
Ambassador Palmer explained during the meeting that the levy was implemented under the International Emergency Economic Powers Act (IEEPA) and was not intended to target Ghana but rather to address trade imbalances.
Although AGOA-related exports will be impacted, she clarified, “the 10% tariff imposition exempts some products like oil and gas and energy-related products that Ghana exports to the United States.”
Possible exclusions for clothing and cocoa were also discussed. Both parties committed to working together to lessen the possible impact on the economy and employment losses.
The statement reaffirmed the two nations’ close bilateral connections and stated that “The Ministries of Foreign Affairs and Trade will continue to engage US authorities to mitigate and alleviate the effect of the tariff.”
Source: newsthemegh.com