• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana to Engage US Over New Tariffs as Trade Concerns Mount

5 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
854
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Nigeria’s 1.6 Million Container Trade Far Less Than it’s Ports Potential – Logistics Expert

Inside Details of Presco’s $172m Acquisition of SOP, Ghana Oil Palm Firm

Africa’s Richest Economy’s Currency Hits Nine-Month High as Fed’s Dovish Signal Weakens Dollar

Ghana to Engage US Over New Tariffs as Trade Concerns Mount

The Ministry of Trade, Agribusiness & Industry has assured the Ghanaian private sector, particularly major exporters and investors, of the government’s commitment to engaging the United States on the newly imposed tariffs on Ghanaian products.

The move aims to prevent trade disruptions and safeguard investment decisions in the country.

In response to the tariff imposition, the Ministry has initiated urgent consultations with key stakeholders to assess the full economic impact of the measure. Various strategies are also under consideration to mitigate potential adverse effects on Ghana’s trade.

Ghana has historically benefited from duty-free and quota-free access to the U.S. market under the African Growth and Opportunity Act (AGOA). However, on April 2, 2025, the U.S. government announced a universal 10% tariff on imports from all countries, including Ghana, effective April 5, 2025.

Goods in transit before the effective date will be exempt. Additionally, reciprocal tariffs ranging from 11% to 50% were imposed on imports from over 50 countries, taking effect on April 9, 2025.

The tariffs, imposed under the International Emergency Economic Powers Act of 1977 (IEEPA), are in response to concerns over global trade deficits and national security. However, certain products—such as copper, pharmaceuticals, semiconductors, energy products, lumber articles, and critical minerals—have been exempted from both universal and reciprocal tariffs.

The U.S. remains a key market for Ghanaian priority exports, including apparel, cocoa derivatives, gold jewelry, shea butter, and horticultural products such as yams, cashews, fruits, and vegetables.

The government is determined to ensure the private sector remains well-informed about the tariff developments to maintain trade stability and investment predictability.

As an immediate step, Ghana’s Ministers of Trade, Agribusiness & Industry, Finance, and Foreign Affairs are set to meet with the U.S. Ambassador to Ghana on Monday, April 7, 2025, to discuss the issue.

Tags: Agribusiness & IndustryGhana to Engage US Over New Tariffs as Trade Concerns Mountministry of tradeTrade Concerns

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Trump Weighs Using $2 Billion in CHIPS Act Funding for Critical Minerals

Moving Gold, Moving Economies: The Rise of Migrant Women in Zimbabwe’s Mining Sector

Senegal and Mercedes-Benz Partner to Build Trucks

INTERPOL Recovers Over $90 Million From African Crime Syndicates

Djokovic and Gauff Gear Up for US Open with Strategic Focus

CHAN: Morocco and Madagascar Advance to Semi-Finals, Ending Kenya and Tanzania’s Dreams

Trending

Features

Nigeria’s 1.6 Million Container Trade Far Less Than it’s Ports Potential – Logistics Expert

August 23, 2025

Nigeria’s 1.6 Million Container Trade Far Less Than it’s Ports Potential – Logistics Expert Nigeria’s ports handle...

Inside Details of Presco’s $172m Acquisition of SOP, Ghana Oil Palm Firm

August 23, 2025

Africa’s Richest Economy’s Currency Hits Nine-Month High as Fed’s Dovish Signal Weakens Dollar

August 23, 2025

Trump Weighs Using $2 Billion in CHIPS Act Funding for Critical Minerals

August 23, 2025

Moving Gold, Moving Economies: The Rise of Migrant Women in Zimbabwe’s Mining Sector

August 23, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.