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Ivory Coast threatens more expensive cocoa in response to US tariffs

  • Ivory Coast, the world's top cocoa producer, faced new tariffs from the United States last week.
  • President Trump announced tariffs as high as 21% on goods from Ivory Coast, part of broader duties.
  • The tariffs impacted various countries and regions, with rates starting at 10% and reaching 50% for some.
  • Agriculture Minister Kouassi stated, "When you tax our product...we will increase the price of cocoa."
  • Ivory Coast may seek stronger ties with the EU and explore new markets as a result of the tariffs.
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The Star Kuala Lumpur broke the news in Malaysia on Wednesday, April 9, 2025.
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