Business

Ghana Set to Pursue Zero Tariffs with U.S. Trade Talks on Horizon

The Government of Ghana is hopeful about reaching an agreement with the United States to eliminate newly imposed tariffs on key Ghanaian exports.

This comes in the wake of a policy adjustment by the Trump Administration, which on April 2 announced a 90-day suspension of additional tariffs—beyond the standard 10%—on imports from various countries, excluding China.

The move has opened the door for renewed trade negotiations and diplomatic engagement.

Speaking at a recent business forum, Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu Adjare, conveyed cautious optimism regarding the development. She highlighted the opportunity it presents for Ghana to advocate for more favorable trade terms.

“This 90-day reprieve from the reciprocal tariff arrangement provides us with the opportunity to renegotiate terms for a potential reduction and in my heart zero percent,” she said.

She further explained that the suspension offers room for Ghana to evaluate the broader economic implications and put in place measures to soften the immediate effects.

“The 90-day pause also provides us with the opportunity to assess the full impact of the tariff and adopt ways to mitigate the immediate impact,” she added.

Related posts

TECNO Strengthens African Football Ties as AFCON 2025 & 2027 Global Partner

quasi

MTN, Telecel Secure Additional Spectrum, Sam George Flags Fines for Poor Service

quasi

We don’t win power by making noise – Fiifi Kwetey tells the NPP

admin

Reverse the decision; they are not second-class citizens – Sammi Awuku on termination of appointments

admin

GoldBod Strips PMMC of All ASM Licensing Rights

quasi

Set Concrete Timelines to Combat Galamsey, Energy Sector Advises Govt

quasi

Leave a Comment