US Tariff

United States President Donald Trump under an executive order on Tuesday March 4, 2025 imposed a sweeping 25% tariff on goods from Mexico and Canada, alongside a sharp increase in tariffs on Chinese imports. The decision which has been described by many as an extraordinary measure aimed at addressing security concerns and trade imbalances, has already set the stage for economic retaliation from key US trading partners. As the trade war escalates, the impact is expected to extend beyond North America and China, reverberating across global markets, including Ghana’s economy. GhanaWeb Business examines the ripple effect of these tariffs on Ghana's…