Tuesday, July 8, 2025
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
No Result
View All Result

China to remove tariffs on nearly all goods from Africa

A groundbreaking trade deal eliminates tariffs on Chinese goods entering Ghana — boosting imports, trade ties, and economic debates

Kojo Emmanuel by Kojo Emmanuel
June 13, 2025
in Local, News
0
China, 0% tariffs, Ghana,

Samuel Okudzeto Ablakwa and His Excellency Wang Yi

Share on FacebookShare on Twitter

China has announced plans to eradicate tariffs on all imports from African countries with which it maintains diplomatic relations, in a major shift in trade policy, expected to deepen economic cooperation as it positions itself as a key trade and investment partner with the continent.

While this offer covers Nigeria and 52 other African countries, it excludes Eswatini, the only African nation recognising Taiwan’s sovereignty.

You might also like

Fire Service

16 dead, 110 injured in 3,595 fires in 6 months — Fire Service

July 8, 2025
GH₵188m lost, GH₵203m saved in first-half 2025 fire outbreaks

GH₵188m lost, GH₵203m saved in first-half 2025 fire outbreaks

July 8, 2025

The announcement was made in a joint statement issued after a high-level meeting between Chinese Foreign Minister Wang Yi and African officials in the city of Changsha, Hunan province.

The move significantly expands an earlier policy that granted zero-tariff treatment only to the least-developed nations on the continent.

Chinese President Xi Jinping announced in a letter addressed to African foreign ministers, stating that all 53 African countries with formal ties to Beijing will now receive “zero-tariff treatment for 100 per cent of tariff lines.”

The policy expansion builds on earlier commitments made at a China-Africa summit in September, where 33 least-developed African countries were previously granted duty-free access to the Chinese market.

The results are already being felt as Chinese exports to Africa surged 12.4% in the first five months of the year, reaching a record 963 billion yuan ($134 billion), according to China’s Foreign Ministry.

The offer comes amid growing trade tensions between African nations and the United States.

The joint China-Africa statement called on countries, especially the US, to “return to the right track” of resolving trade disputes through dialogue based on mutual respect.

The call follows President Trump’s recent protectionist move, which slapped steep new levies on several African countries.

These included tariffs of up to 50 per cent on imports from Lesotho, 47 per cent from Madagascar, 40 per cent from Mauritius, 38 per cent from Botswana, and 31 per cent from South Africa, the continent’s most industrialised country and largest exporter to the U.S.

Over 30 African countries risk losing duty-free privileges under the U.S. African Growth and Opportunity Act (AGOA), a key trade agreement that has come under scrutiny in recent years.

President Donald Trump had signaled intentions to apply reciprocal tariffs on all of America’s trading partners, casting uncertainty over the future of AGOA and similar preferential programs.

Post Views: 94
Tags: ChineseGhana Integrated Aluminium Development CorporationGhanaian economySamuel Okudzeto Ablakwa
Kojo Emmanuel

Kojo Emmanuel

Related Stories

Fire Service

16 dead, 110 injured in 3,595 fires in 6 months — Fire Service

by NewsCenta
July 8, 2025
0

A total of 16 people lost their lives and 110 others sustained varying degrees of injury from 3,595 fire outbreaks...

GH₵188m lost, GH₵203m saved in first-half 2025 fire outbreaks

GH₵188m lost, GH₵203m saved in first-half 2025 fire outbreaks

by NewsCenta
July 8, 2025
0

Ghana lost an estimated GH₵188.4 million to fire outbreaks in the first six months of 2025, a staggering increase from...

Mahama Azumah gold

Mahama, Azumah in bitter feud over $300m gold mine

by NewsCenta
July 8, 2025
0

Azumah Resources Ghana, majority owner of the Black Volta gold mine in the Upper West Region, has abruptly terminated its...

Akwatia Nana Addo

Akwatia MP Ernest Kumi’s death: I’m devastated — Nana Addo mourns

by Kojo Emmanuel
July 7, 2025
0

Former President Nana Addo Dankwa Akufo-Addo has expressed deep sorrow over the passing of the Member of Parliament for Akwatia,...

Recommended

Fire Service

16 dead, 110 injured in 3,595 fires in 6 months — Fire Service

July 8, 2025
IMF $370 Ghana

Ghana secures $370 million from IMF after passing 4th ECF review

July 8, 2025
GH₵188m lost, GH₵203m saved in first-half 2025 fire outbreaks

GH₵188m lost, GH₵203m saved in first-half 2025 fire outbreaks

July 8, 2025

Popular Story

  • Causes death men

    10 of top 11 causes of death killing more men in Ghana

    693 shares
    Share 277 Tweet 173
  • Bissue floors High Court and OSP at Supreme Court

    687 shares
    Share 275 Tweet 172
  • Monday, May 26, 2025 Newspaper Headlines

    665 shares
    Share 266 Tweet 166
  • Tuesday, June 10, 2025 Newspaper Headlines

    658 shares
    Share 263 Tweet 165
  • Mahama govt to complete National Cathedral

    644 shares
    Share 258 Tweet 161
NewsCenta

Newscenta is a Ghana-based news organisation publishing in print (The Newscenta Newspaper) and on a digital media platform (newscenta.com) dedicated to delivering timely and impactful news across various sectors, including politics, business, economy, technology, and culture.

  • About Us
  • Contact Us
  • Health
  • Education
  • Mining
  • Energy
  • Telecoms
  • Agriculture
  • Trade
  • Opinion
  • Videos

© 2025 All Rights Reserved NewsCenta.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Newspaper Headlines
  • Business
  • Agriculture
  • Education
  • Sports
  • Tech
  • Opinion

© 2025 All Rights Reserved NewsCenta.

Connect with us