China Imposes $22 Billion Tariffs on US Goods: What This Means for Global Trade

by News Editor

March 10, 2025

In a significant move, China has imposed new tariffs on US imports totaling $22 billion. Key agricultural products are among the most affected.

Key Insights

Beijing targets soy imports from the US, enforcing a 10% tariff. In 2024, US soy exports to China reached $12 billion.
Other products affected include sorghum, pork, beef, fruits, vegetables, and dairy.
Additionally, a 15% tariff is applied to cotton, chicken, and corn imports.

Nomura analysts estimate that the 10% tariffs affect around $19 billion of US imports, while goods subjected to the 15% tariff are valued at $3 billion.

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What To Watch

The heightened tariffs could decrease the competitiveness of US agricultural exports in China. Analysts warn of heightened inflation and potential economic setbacks in the US. However, former President Trump dismissed these concerns, despite hints at possible market turbulences during his Congressional address.

Recent Developments

China’s tariffs respond to US-imposed 10% tariffs on Chinese imports, effective March 4. Tariff coverage now includes major consumer electronics from China, like smartphones and laptops, resulting in cumulative duties of 20%.

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Cyprus Outpaces EU Average In Working-Age Population Share, Eurostat Finds

by THEFUTURE.TEAM

October 6, 2026

Cyprus had a working-age population share of 61.6 per cent on January 1, 2025, placing the country above the European Union average of 58.3 per cent, according to Eurostat.

Cyprus Stands Above The EU Benchmark

The figures show that people aged 20 to 64 made up more than three-fifths of Cyprus’ population at the start of last year. In Eurostat’s regional demographic breakdown, Cyprus is treated as a single region because of its size, rather than being divided into multiple NUTS level 3 areas.

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Wide Gaps Across The Bloc

Across the EU, 58.3 per cent of the population was of working age on January 1, 2025. The share reached at least 63.0 per cent in 39 NUTS level 3 regions, most of them in Germany. The group also included island regions in Spain, alongside several capital regions and their surrounding areas.

Capital And Island Regions Lead

At the top of the range was the Danish capital region of Byen København, where 68.9 per cent of residents were of working age. The same proportion was recorded in Spain’s island region of Eivissa y Formentera, while Fuerteventura stood at 68.3 per cent and Lanzarote at 67.3 per cent.

Rural Europe Skews Older

At the other end of the spectrum, working-age residents accounted for less than 55.0 per cent of the population in 189 EU regions. These areas were largely rural, including inland Portugal, much of rural France, most of eastern Germany, and rural areas in Bulgaria, Greece and the Nordic EU countries.

In six regions, fewer than half of the population was of working age. Those regions were Bornholm in Denmark, Creuse and Lot in south-west France, Etelä-Savo in south-east Finland, the Arrondissement of Veurne in Belgium and the French outermost region of Mayotte.

What The Data Measures

Eurostat’s regional demographic data measure the share of people aged 20 to 64, not the share of people who are actually employed. Cyprus’ 61.6 per cent figure was 3.3 percentage points above the EU average, though still below the highest regional levels recorded across the bloc.

The data underline how sharply Europe’s age structure varies from one region to another, with working-age shares differing significantly between urban centres, capital regions, islands and predominantly rural areas.

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