In a significant shift in trade policy, U.S. President Donald Trump has imposed sweeping tariffs on over 180 international locations, together with Ghana and different African nations.
Introduced from the White Home’s Rose Backyard, the brand new tariff regime introduces a baseline rate of at least 10% on all imports, with even larger duties for 60 international locations and buying and selling blocs which have vital commerce imbalances with the U.S.
The tariffs additionally goal key industries, together with vehicle imports, which can now face further levies.
Did Ghana make this listing?
Armed Nationwide Safety operatives have raided the home of former BoG Governor, Dr Ernest Addison, only a month after the same operation at former Finance Minister Ken Ofori-Atta’s house.
Halifax Ansah Addo challenges Afua Asantewaa’s claims of receiving little assist throughout her Guinness World Report try, revealing the Ghana Tourism Authority allegedly spent over GHS 200,000—sparking questions of accountability and ungratefulness.
Trump justified the transfer as a part of his “America First” financial agenda, arguing that the tariffs had been essential to appropriate what he described as unfair commerce practices.
ALSO READ: All e-levy deductions on 2nd April must be refunded – GRA directs
He referred to the brand new tariffs as “discounted reciprocal” charges, asserting that whereas they’re steep, they continue to be decrease than the tariffs imposed on U.S. exports by many overseas nations.
The coverage is anticipated to have widespread financial implications, notably for African economies that rely closely on commerce with the U.S.
Specialists warn that the brand new tariffs might drive up prices for exporters, cut back commerce volumes, and pressure diplomatic relations.
Ghana, together with different affected African nations, might must discover various markets or renegotiate commerce agreements to mitigate the influence of the brand new tariffs.
ALSO READ: Ntim Fordjour demands joint briefing by NIB, others on 3 key investigations
Full listing of African international locations hit by Trump’s harsh tariff spree
Nation |
Tariff Imposed by U.S. |
Tariff Charged on U.S. Imports |
South Africa |
30% |
60% |
Tunisia |
28% |
55% |
Egypt |
10% |
10% |
Côte d’Ivoire |
21% |
41% |
Botswana |
37% |
74% |
Morocco |
10% |
10% |
Algeria |
30% |
59% |
Lesotho |
50% |
99% |
Mauritius |
40% |
80% |
Kenya |
10% |
10% |
Nigeria |
14% |
27% |
Namibia |
21% |
42% |
Brunei |
24% |
47% |
Ethiopia |
10% |
10% |
Ghana |
10% |
17% |
Angola |
32% |
63% |
Democratic Republic of the Congo |
11% |
22% |
Mozambique |
16% |
31% |
Zambia |
17% |
33% |
Senegal |
10% |
10% |
Cameroon |
11% |
22% |
Uganda |
10% |
20% |
Gabon |
10% |
10% |
Togo |
10% |
10% |
Malawi |
17% |
34% |
Liberia |
10% |
10% |
Zimbabwe |
18% |
35% |
Benin |
10% |
10% |
Republic of the Congo |
10% |
10% |
Djibouti |
10% |
10% |
Rwanda |
10% |
10% |
Sierra Leone |
10% |
10% |
Sudan |
10% |
10% |
Niger |
10% |
10% |
Equatorial Guinea |
13% |
25% |
Libya |
31% |
61% |
Guinea |
10% |
10% |
Chad |
13% |
26% |
Mali |
10% |
10% |
Cabo Verde |
10% |
10% |
Burundi |
10% |
10% |
Mauritania |
10% |
10% |
Gambia |
10% |
10% |
Central African Republic |
10% |
10% |
South Sudan |
10% |
10% |
Comoros |
10% |
10% |
São Tomé and Príncipe |
10% |
10% |
Guinea-Bissau |
10% |
10% |