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Ghana’s Foreign Minister Invites U.S. Ambassador for Talks on Trump’s 10% Tariff Decision

Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, has invited U.S. Ambassador to Ghana, Virginia Palmer, for a crucial meeting on April 7, 2025, to seek clarification on President Donald Trump’s recent decision to impose a 10% tariff on imports from Ghana.Ablakwa confirmed the invitation in a statement shared on X (formerly Twitter), expressing the need for clear answers regarding the reasoning behind the tariff. He noted that the tariff, part of broader U.S. trade measures, had raised significant concerns among Ghanaian businesses and policymakers alike.The tariff forms part of a wider package of trade measures, including a 34% levy on Chinese imports and a 20% tax on European Union goods. The imposition has sparked strong condemnation from the Importers and Exporters Association of Ghana (IEAG), which claims the move violates World Trade Organization (WTO) principles.The IEAG warned of serious economic […]

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Speaker’s Financial Assessment Request in Anti-LGBTQ Bill Case.

In Ghana, Speaker of Parliament Alban Bagbin has officially requested a comprehensive financial assessment regarding the implications of the Anti-LGBTQ Bill. This move seeks to evaluate the financial impact that the bill may have on Ghana's economy, especially in terms of foreign aid and investments. His request has raised varied opinions among members of Parliament and the public.Bagbin’s inquiry is rooted in concerns that the bill, which aims to criminalize LGBTQ activities and advocacy, could potentially affect Ghana’s international relations and economic support from pro-LGBTQ countries and organizations. The speaker’s request highlights the delicate balance Ghana must strike between maintaining its cultural values and addressing potential financial consequences from international backlash.This decision has sparked a renewed debate in Parliament, where some members argue that the moral and social objectives of the bill outweigh economic considerations. Others believe that understanding the […]

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Call for Action to Address Ghana’s Stagnant Oil Sector.

Industry experts and stakeholders are urging the Ghanaian government to take decisive action to revitalize the country’s stagnant oil sector. Despite Ghana being an oil-producing nation since 2010, the industry has faced numerous challenges, including declining production rates, regulatory hurdles, and inadequate infrastructure.Recent reports indicate that oil production in Ghana has significantly dropped, raising concerns about the country’s ability to meet its revenue targets from the sector. The Ghana National Petroleum Corporation (GNPC) has acknowledged the need for reforms to attract foreign investment and stimulate growth.In response to these challenges, experts are advocating for a comprehensive review of existing policies and regulations. They suggest that the government should prioritize the development of local content policies, improve the investment climate, and enhance capacity building within the sector. Moreover, there is a call for increased collaboration between the government and private companies […]

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