Business · World

EU Implements €3 Customs Charge on Small Parcels

1 sourceFirst reported 22 days agoUpdated 22 days ago

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The EU is introducing a €3 customs charge on small parcels.
This change affects parcels worth under €150 that previously had tax exemptions.
The measure aims to combat the influx of cheap Chinese imports.
The European Commission intends to protect local businesses from market saturation.
Platforms like Temu and Shein are specifically noted as exploiting the previous exemptions.

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AI summary: catch up in 20 seconds

The EU is introducing a €3 customs charge on small parcels.
This change affects parcels worth under €150 that previously had tax exemptions.
The measure aims to combat the influx of cheap Chinese imports.
The European Commission intends to protect local businesses from market saturation.
Platforms like Temu and Shein are specifically noted as exploiting the previous exemptions.

Generated by AI from the 1 sources below · always verify with the originals