The Ministers of Trade, Agribusiness & Industry, Finance, and Foreign Affairs are scheduled to meet with the United States Ambassador to Ghana on Monday, April 7, 2025. This high-level meeting is in response to the recent implementation of a 10% universal tariff on imports from Ghana and other countries by the United States.
The new tariffs, which took effect on April 5, 2025, have raised concerns about potential disruptions to trade and investment in Ghana. The Ministry of Trade, Agribusiness & Industry has reassured the Ghanaian private sector, especially major exporters and investors, of the government’s commitment to resolving the issue. Efforts are underway to mitigate the tariffs’ impact and maintain stability in trade relations.
The government is also engaging with relevant stakeholders to assess the economic consequences of the tariffs. Various strategies are being explored to minimize the immediate effects on Ghana’s export market, which relies heavily on duty-free and quota-free access to the US under the African Growth and Opportunity Act (AGOA).
The US Executive Order imposing the tariffs cites economic and national security concerns related to global trade deficits. While the tariffs broadly affect imports, certain products such as copper, pharmaceuticals, and critical minerals are exempt.
The Ghanaian government has stressed its commitment to keeping the private sector informed and is taking proactive steps to address this issue in order to safeguard the country’s trade and economic interests.
