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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Ghana’s duty-free access to the US market under the African Growth and Opportunity Act (AGOA) has been abruptly terminated with a 10% tariff imposition on exports to the US market, marking a significant blow to the country’s export sector.
The move comes as part of Washington’s newly announced reciprocal tariff measures, which have also affected several major economies, including China, Vietnam, the European Union, and even Israel.
Source: newsthemegh.com