The Importers and Exporters Association of Ghana has issued a press statement expressing significant concern over the recent decision by the United States government to impose a 10% tariff increase on imports from Ghana.
The Association in a press statement issued on Friday, April 4, strongly condemned the move, calling it a disregard for the protocols and principles of the World Trade Organization (WTO), and warned that it will have severe consequences for Ghana's economy.
The new tariff hike, which was introduced under President Donald Trump's administration, is expected to create substantial challenges for Ghanaian businesses.
As the statement outlines, one of the most immediate impacts will be on exports, with the increased tariff making Ghanaian products "less competitive" in the U.S.
