Breaking news

EU And US Reach Agreement On New Trade And Tariff Framework

by THEFUTURE.TEAM

May 22, 2026

Robust Regulatory FrameworkThe

The European Council and the European Parliament reached an agreement on tariff measures linked to the EU-US Joint Statement, also known as the Turnberry Agreement, in a move aimed at strengthening long-term trade stability between the European Union and the United States. The framework is based on two legislative proposals introduced by the European Commission in August 2025. One proposal removes remaining tariffs on selected U.S. industrial products while granting preferential access for specific seafood and non-sensitive agricultural goods. A second measure extends the suspension of tariffs on lobster imports retroactively from August 1, 2025.

Enhanced Safeguard Mechanisms

Alongside tariff adjustments, the agreement introduces new safeguard provisions designed to protect European producers. Under the framework, the European Commission will be able to review cases where at least three member states, European industries or trade unions submit evidence of substantial market harm. An expiration clause running through the end of 2029 has also been incorporated into the agreement. That mechanism allows suspension measures to be reconsidered if the United States fails to comply with agreed commitments.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Leadership And Strategic Commitment

Energy, Commerce and Industry Minister Mihalis Damianos said the agreement reflects the European Union’s commitment to maintaining stable international trade relations while safeguarding the interests of European businesses and workers. Ursula von der Leyen called on European lawmakers to accelerate the ratification process and reaffirmed the EU’s commitment to fulfilling its trade obligations. European Parliament Chief Negotiator Bernd Lange and Trade Commissioner Maros Sefcovic also stressed the importance of the safeguard measures and highlighted the EU’s role as a reliable long-term trading partner.

Implications For Global Trade

Trade between the European Union and the United States accounts for nearly 30% of global trade in goods and services and approximately 43% of global GDP. Bilateral investment flows exceeded €4.7 trillion in 2023, underlining the scale of the transatlantic economic relationship. Formal implementation of the agreement will begin after ratification by both EU institutions and publication in the Official Journal of the European Union.

The Future Forbes Realty Global Properties

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

by News Editor

May 26, 2026

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.