The United States has formally rescinded the 15% tariff on Ghana’s cocoa and selected agricultural exports, a move Accra has hailed as a diplomatic and economic breakthrough.
Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa confirmed, on Monday, November 24, that the rollback, enacted through a new executive order, took effect on 13 November 2025. The reversal ends a Trump-era policy that had raised the cost of Ghanaian produce entering the US market, including cocoa beans—of which Ghana ships an average of 78,000 metric tonnes annually.
The Government estimates that, at current global cocoa prices, the tariff removal could generate an additional $60 million in annual revenue, with exemptions also covering cashew nuts, avocados, bananas, mangoes, plantain, pineapples, coconuts, ginger and peppers.
Analysts view the development as a significant reset in Ghana–US relations, following recent tensions over deportations and travel documentation. Economists say the cocoa sector, central to Ghana’s agricultural economy, stands to benefit substantially from improved access to the world’s largest chocolate market.