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General News of Friday, 11 April 2025

    

Source: www.ghanawebbers.com

CDM urges strategic response to U.S. tariff hike on Ghanaian exports

The Centre for Democratic Movement (CDM) has called for a national response. This follows the United States' recent 10% tariff on Ghanaian exports.

On April 9, 2025, the CDM issued a strong statement. They described the tariff as a direct threat to many livelihoods. This includes cocoa farmers, textile workers, and small businesses.

The CDM emphasized that this is not just a trade issue. It is also about people's daily lives and jobs. They warned that the tariff could increase unemployment and cause foreign exchange shortages.

The tariff is linked to Ghana's 17% average tariff on U.S. goods. The CDM called it unjustified under the African Growth and Opportunity Act (AGOA). AGOA allows Ghana duty-free access to the U.S. market.

The group questioned if the U.S. had revoked AGOA benefits formally. They stated that applying a blanket 10% tariff may contradict AGOA's spirit if benefits are not revoked by Congress.

Finally, the CDM urged high-level diplomatic intervention. They called on Ghana’s leadership to respond with clarity, legality, and unity.