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US tariff imposition will’ve serious implications for global trade – Mahama

April 8, 2025
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President John Dramani Mahama has opined that the decision by the United States to impose tariffs on imports from all countries, including Ghana, will have serious implications for global trade.

The Ghanaian leader made the remarks during a bilateral meeting with the President of the Czech Republic, Petr Pavel, on Tuesday, April 8, 2025.

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President Mahama was of the view that the tariff announced has the potential to disrupt global trade relations and harm economies like Ghana’s.

He asserted that unilateral actions of this nature—taken without a consistent trade-based framework—risk undermining international cooperation and development.

“Many of the factories that have set up there might look for areas where they can receive cheaper tariffs to be able to export into the American market. So it has very severe implications for everybody,” he cautioned.

“I believe that a multilateral world serves us all better than a unilateral one, where people just make decisions based on only their own country. We must look at global interest and partnership rather than our national interest,” he added.

On his part, Czech President Petr Pavel supported the position of Mr Mahama and called for diplomatic engagement with the United States to reconsider its stance.

“I think imposing tariffs in such a way doesn’t help the situation in the U.S., Europe, and other countries. Tariffs are damaging everyone. In my view, it is unfortunate to impose such a wave of tariffs without negotiating. I think that we have to collectively address the United States to rethink this approach and to renegotiate.

“I think that through negotiation, we can achieve results that will be beneficial for the United States but also not destroy other countries. Because by damaging other countries so much, it will create many problems that will have to be dealt with later on—and that may be more costly than reducing the pressure on tariffs,” he added.

By: Rainbowradioonline.com/Ghana

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