US lifts 15% tariff on Ghana’s cocoa and key agricultural exports
The United States has removed a 15% import tariff on cocoa and other agricultural goods from Ghana. The change took effect on November 13 and applies retroactively. Ghanaian officials have welcomed the move as a boost to trade relations between the two nations.
Ghana ranks as the world’s second-largest cocoa producer, trailing only Côte d’Ivoire. The U.S. remains its biggest importer of the commodity. Alongside cocoa, the tariff exemption now includes cashews, avocados, bananas, mangoes, plantains, pineapples, coconuts, ginger, and peppers.
The tariff removal will reduce costs for U.S. businesses relying on Ghanaian agricultural products. Ghana's cocoa sector, in particular, stands to gain from improved access to its largest market. The change also strengthens trade links between the two countries.
