Turkey Repeals 2018 Tariffs as U.S. Trade Ties Show Promise

by THEFUTURE.TEAM

September 22, 2025

Tariffs Lifted Amid Strategic Diplomatic Engagement

Turkey has formally repealed the retaliatory tariffs imposed on U.S. imports in 2018—a move signaling a potential thaw in bilateral relations. The decision, announced in Turkey’s Official Gazette, comes as President Tayyip Erdogan prepares for a series of high-level meetings in the United States, including a visit to the United Nations General Assembly and a scheduled White House appointment with U.S. President Donald Trump.

Reassessment of Past Trade Measures

The reversed tariffs, which in their original form had impacted a range of products from passenger cars and fruit to tobacco and chemical products, were initially enacted to counter U.S. tariffs on steel and aluminum during Trump’s first term. The rollback is a calculated step in advancing negotiations between the two nations, particularly as trade volumes have historically lagged behind the ambitious goal of reaching $100 billion in bilateral trade.

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Historical Context and Future Prospects

The unfolding developments are rooted in a complex history marked by both personal rapport and policy discord. While the rapport between Erdogan and Trump once signaled a promising era, strategic disputes—including U.S. concerns over Turkey’s defense purchases and regional affiliations—had previously strained relations. This tariff reversal may pave the way for renewed dialogue, offering both countries an opportunity to recalibrate their trade and defense partnerships.

Economic Implications and Strategic Outlook

Turkey’s trade ministry emphasized that the removal of these tariffs reflects progress in ongoing negotiations, underpinning Ankara’s commitment to diversifying and broadening trade ties with Washington. With last year’s bilateral trade volume at approximately $30 billion, both administrations appear keen on increasing economic engagement and exploring new areas of collaboration. In a further signal of its evolving trade policy, Turkey also announced additional customs duties on certain passenger car imports, excluding those from the European Union and nations with which it has free trade agreements.

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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.

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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.

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