• About Us
  • Privacy Policy
  • Contact Us
Sunday, June 15, 2025
MyPublisher24
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
No Result
View All Result
Morning News
No Result
View All Result
Home News

CDM urges swift, unified action against 10% U.S. tariff on Ghanaian exports

Osumanu Al-Hassan by Osumanu Al-Hassan
April 10, 2025
in News, Slider
0
10% tariff
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterWhatsapp

The Centre for Democratic Movement (CDM) has called for an urgent, strategic, and bipartisan response from the Ghanaian government following the U.S. imposition of a 10% tariff on key Ghanaian exports. The measure, introduced by U.S. President Donald Trump, is said to be a reaction to Ghana’s 17% average tariff on American goods. The move has raised concerns among industries reliant on U.S. trade, including cocoa, textiles, and agriculture.

In a statement issued in Accra, the CDM described the tariff as a critical economic threat, warning that it could severely impact farmers, factory workers, and small business owners nationwide. The group urged the government, opposition parties, and civil society to unite in addressing what it termed “a direct challenge to Ghana’s economic independence.”

READ ALSO

ActionAid Ghana makes strides in combating child marriage

Israel-Iran conflict cause of D-levy suspension – Energy Ministry

Victor Gyapong, a CDM convenor, stressed the real-world consequences of the policy, stating, “This isn’t just about trade figures—it’s about the cocoa farmer in Sefwi, the seamstress in Tema, and the cashew trader in Techiman. Their survival is at stake. Ghana must respond decisively and intelligently.”

The CDM noted that nearly 30% of Ghana’s cocoa exports to the U.S. consist of processed goods like cocoa powder and paste, which will now face the new tariff. Additionally, Ghana’s apparel sector, which employs thousands under youth employment initiatives, risks losing competitiveness in the U.S. market.

The group also questioned the legality of the tariff, given Ghana’s compliance with the African Growth and Opportunity Act (AGOA), a U.S. trade program that grants duty-free access to eligible African nations. “AGOA has clear rules, and Ghana has met them. Any concerns should be resolved through proper channels, not sudden tariffs,” said co-convenor Asare Kennedy.

Since 2000, AGOA has enabled Ghana to export over 6,700 product categories to the U.S. tariff-free, helping diversify the economy beyond raw materials.

To counter the tariff’s impact, the CDM proposed a five-point plan:
1. High-Level Diplomacy: Engage U.S. officials, including Congress and the U.S. Trade Representative (USTR), at the highest level.
2. Leverage AfCFTA: Accelerate intra-African trade under the African Continental Free Trade Agreement to reduce reliance on U.S. markets.
3. WTO & ECOWAS Action: Seek redress through the World Trade Organization and rally ECOWAS for a united response.
4. Export Support Fund: Fast-track legislation to establish a National Export Adjustment Facility, financed by petroleum revenues, to aid affected businesses.
5. Boost Local Value Addition: Prioritize agro-processing and industrial growth to minimize dependence on raw material exports.

“This is not the time for political divisions or delays. Our response must be swift, lawful, and focused on national interest—Ghana first, always,” the CDM emphasized.

Reaffirming its commitment to democratic governance, the group expressed confidence that Ghana could overcome the challenge through unity, strategic action, and resilience.

Tags: Centre for Democratic Movement (CDM)Ghanaian exportstariffs

Related Posts

acitionaid ghana
News

ActionAid Ghana makes strides in combating child marriage

June 15, 2025
John Abdulai,Isareal-Iran,d-levy
Main

Israel-Iran conflict cause of D-levy suspension – Energy Ministry

June 15, 2025
Western Region,galamsey,
Health

Minister admits 12 out of 14 districts suffering from galamsey

June 15, 2025
Sam George,ICT,Volta Region,
News

Sam George tours ICT Training centres

June 15, 2025
FIFA Club World Cup
News

Messi’s Inter Miami held by Al Ahly at FIFA Club World Cup

June 15, 2025
Footballer
News

2025 Ghana Football Awards: Thomas Partey adjudged Footballer of the Year

June 15, 2025
Next Post
violation

Minority blasts National Security over 'brazen violation' of MPs' rights; Demands Speaker's intervention

POPULAR NEWS

Lighthouse chapel

Lighthouse Chapel Case: 6 Ex-Pastors Demand $12 Million Settlement

April 30, 2023
aircraft

Light House Brouhaha: Kofi Bentil Exposed Over $12M Settlement Deal

April 24, 2023
SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

April 24, 2023
Kwaku Azar writes: Until a prima facie case is established

Akufo-Addo Nominates Gertrude Torkornoo As New Chief Justice

June 12, 2025
Lighthouse Brouhaha: Larry Odonkor charged with Stealing

Lighthouse Brouhaha: Larry Odonkor charged with Stealing

April 24, 2023

EDITOR'S PICK

Mr. Samuel Awuah Dankwa: The Humans of 2020

Mr. Samuel Awuah Dankwa: The Humans of 2020

January 9, 2021
54% Ghanaians Want Akufo-Addo to step down- Survey

Akufo-Addo hopeful of agreement with stakeholders ahead of DDE expiration

February 6, 2023
Ronaldo scores free-kick rocket to complete hat-trick as United see off spirited Norwich

Ronaldo scores free-kick rocket to complete hat-trick as United see off spirited Norwich

April 16, 2022
ActionAid Ghana

ActionAid Ghana advocates active women’s participation in national economy

March 9, 2024

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Important Links

  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

Recent Posts

  • Afenyo-Markin challenges Deputy Speaker’s ruling: Says sub judice rule was misapplied
  • ActionAid Ghana makes strides in combating child marriage
  • Israel-Iran conflict cause of D-levy suspension – Energy Ministry
  • Minister admits 12 out of 14 districts suffering from galamsey

Archives

  • About
  • Privacy Policy
  • Terms of Use

© 2025 mypublisher24 - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

© 2025 mypublisher24 - All rights reserved.