Audio By Carbonatix
The 15 percent tariff imposed on exports from Ghana to the U.S starts today August 7, 2025.
U.S government announced the imposition of the tariff on July 31, 2025.
The tariff affects African countries including Ghana, Nigeria, Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Malawi, Lesotho and Madagascar.
By this, Ghanaian goods entering the U.S will be subject to a 15 percent duty, raising export costs significantly.
A basket exporter to the U.S and Chief Executive of Trade Aid, Nicholas Aponkerah told Joy Business the tariff could collapse Ghanaian businesses that mainly export to the U.S.
He recounted that the recent sharp appreciation of the cedi has already affected exports.
“This tariff situation coming together with the recent sharp appreciation of the cedi is a double sword situation. There is an urgent need for government to intervene to address the challenges”, he pleaded.
He stated that businesses that export to the U.S heavily contribute to the economic gains of the country.
Other countries affected
In addition to the 15 percent tariffs on African nations, the US also imposed a steeper conditions on other countries including, South Africa and Libya which face 30 percent tariff. Tunisia face 25 percent duty.
Globally, the tariffs also affects a number of countries including Mexico, China, Canada, Germany, Japan Vietnam, South Korea, Taiwan, Ireland, India ,Italy ,United Kingdom, Switzerland, Thailand , France Malaysia among others.
Latest Stories
-
NAIMOS to sustain nationwide anti-galamsey operations through Christmas – Paa Kwesi Schandorf
15 minutes -
Accra regional police urge vigilance ahead of the festive season
24 minutes -
GRIDCo begins test run to connect AKSA Anwomaso power plant to national grid
28 minutes -
Britain’s worst romance fraudster’ who scammed single mothers out of £1m is jailed for 17 years
34 minutes -
NPP sets up joint committee to review Constitution Review Committee proposals
37 minutes -
US economy grows at fastest pace in two years
45 minutes -
Yvonne Chaka Chaka girds up for African Festival in Accra
48 minutes -
Five dead after plane carrying child burns victim crashes in Texas
49 minutes -
No true friends, but respect remains – Stonebwoy on industry relationships
51 minutes -
Serene Insurance spreads Christmas cheer at Accra psychiatric hospital
1 hour -
Afrobeats star Asake ‘devastated’ after fan dies in Kenya stadium crush
1 hour -
The audacity to fight: Dr Bawumia and the unstoppable power of quiet courage
1 hour -
‘Unreasonable behavior’ has no expression in the NPP – Kozie
1 hour -
Friendship, vulnerability and positivity are at the heart of my music – Stonebwoy
2 hours -
Stonebwoy promises growth, conscious music and fresh experience at BhimFest
2 hours
