The U.S. Collected Over $500 Million Daily From Tariffs In April

by News Editor

May 14, 2025

The United States reported a significant budget surplus of $258 billion in April, marking a 23% increase from the previous year. This rise is attributed to higher tax revenues and an upsurge in tariff collections, as Reuters reported.

Key Facts

The U.S. collected over $500 million daily from tariffs in April, showing a significant increase in revenue.
Net tariffs totaled $16 billion in April, up by $9 billion from the previous year.
For the first seven months of the fiscal year, net tariffs amounted to $63 billion, compared to $48 billion last year.
This surge followed President Trump’s tariff hike on Chinese goods to 145% and additional taxes on other imports.

What to Watch

These new revenues might see a decline. The U.S. and China reached a temporary agreement over the weekend to ease imposed tariffs. The U.S. has lowered tariffs on Chinese goods from 145% to 30% for the upcoming 90 days, while China will reduce its tariffs on American goods from 125% to 10%.

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

The Future Forbes Realty Global Properties

Cyprus Expected Working Life Reaches 39.5 Years, Above EU Average

by THEFUTURE.TEAM

July 20, 2026

People in Cyprus are expected to spend 39.5 years in the workforce, around two years longer than the European Union average of 37.5 years, according to the latest Eurostat data for 2025.

The figure places Cyprus among the EU countries with the longest expected working lives.

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

Cyprus Ranks Above EU Average

Only a handful of member states recorded higher figures than Cyprus. The Netherlands topped the ranking at 44 years, followed by Sweden at 43.4 years, Denmark at 42.6 years, and Estonia at 41.5 years.

At the other end of the ranking were Romania with 32.7 years, Italy with 33.0 years, Bulgaria with 34.6 years and Greece with 35.3 years.

Gender Gap Remains Wider Than EU Average

Men in Cyprus are expected to remain in work for 42.1 years, compared with 36.7 years for women. The gap of 5.4 years exceeds the EU average gender gap of 4.1 years.

Across the bloc, Lithuania, Latvia and Estonia were the only countries where women were expected to spend longer in employment than men. Finland recorded the smallest positive gender gap at 0.7 years.

Italy posted the widest gap at 8.9 years, followed by Romania at 6.9 years, Greece at 6.7 years and Malta at 6.3 years.

Working Lives Continue To Lengthen

Between 2016 and 2025, expected working life in Cyprus increased by 3.5 years, placing the country among the strongest performers in the EU over the period. Men’s expected working life rose by 3.3 years, while women’s increased by 3.6 years.

Across the EU, every member state recorded an increase. Malta posted the largest gain at 4.9 years, followed by Hungary and Ireland at 4.2 years each, and the Netherlands at 4.1 years.

Malta’s increase was driven largely by women, whose expected working life rose by 7.8 years, the biggest increase recorded across the bloc.

By comparison, Romania, Spain, Italy, Germany and Austria recorded gains of two years or less over the same period.

Women’s Working Lives Increase Faster Across Europe

Women’s expected working life increased faster than men’s in most EU countries. Denmark, Romania, Sweden and Greece were the main exceptions.

In Cyprus, gains for men and women were broadly similar, alongside Bulgaria, Belgium and Slovenia.

Breaking news