The office of the U.S government imposes a 10% taxation on import goods from Ghana and other African countries

The administration of the U.S government, headed by Donald Trump has imposed a 10% tax on goods imported from Ghana and other countries to the United States on the 4th March, 2025, at the Rose Garden as an initiative to end economic exploitation by Ghana and the other countries on the U.S.
The President announced that this initiative has been established to protect american businesses and to put an end to exploitation and unfair trade agreement by foreign trade partners.

Controversies have arised in the trade markets, and Ghana, in particular may be heavily affected as nearly all goods; ranging from cocoa, textiles, raw materials and minerals, being exported to the United States.
According to economic analysts, the tax may lead to increased cost of these ghanaian exports, which will potentially interfere trade relations and cause economic instability.
While the ghanaian government have taken steps to negotiate with the U.S government for the reduction of the tax.

In an interview with a ghanaian economist, Mr. Ebo Buckman, on Kastle FM in Cape Coast, he stated that negotiations are not neccessary as other countries could bring up same initiatives and further negotiations would not be the solution. He additionally stated that high taxation of the ghanaian export goods are already in existence due to the high cost of production, trade barriers, inflation of the prices of goods and other factors. He then suggested that Ghana needs to structurize the economy to be able to avoid external implications, that the country needed to look out for diverse market economy, and also to take advantage of the Africa Continental Free Trade Area(AfCFTA) which if given the full concentration and development, could provide a bigger market space to enhance effective trade.