Despite recent shifts in U.S. trade policy, including a newly imposed 10% levy on Ghanaian exports, the United States Ambassador to Ghana, Virginia Palmer, has reiterated the enduring importance of the U.S.-Ghana relationship.
Speaking to the media in Accra, Ambassador Palmer sought to allay concerns following U.S. President Donald Trump’s executive orders that authorize widespread tariffs on numerous exporting nations, including Ghana.
“No matter the changes in language or focus, Ghana remains a truly important partner of the United States and will continue to be so,” Ambassador Palmer emphasized. “The United States is committed to Ghana’s economic recovery through institutions like the World Bank and the IMF, as well as through fostering American business interests. We have a significant trade mission planned, which I will share details of soon.”
The Ambassador underscored the deep-rooted ties between the two nations, citing historical and cultural connections, alongside bilateral trade relations amounting to approximately USD3 billion. She expressed optimism that the upcoming trade mission would further strengthen investment and cooperation.
President Trump’s 10% levy, set to take effect on April 5th under the International Emergency Economic Powers Act of 1977, has raised concerns about its impact on U.S.-Ghana trade. He also announced “individualized” tariffs for nations with the largest trade imbalances, which would be half of the tariffs they currently impose on U.S. exports.
This reassurance from the U.S. Ambassador comes at a crucial time, as Ghana, like many nations, navigates the complexities of evolving global trade dynamics.
