Updated: Saturday| Published: Friday
EU finance ministers approved a temporary 3 € customs duty on small packages valued under 150 € imported from outside the bloc, effective July 1, 2026.This interim measure targets billions of parcels, predominantly from China via platforms like Temu, Shein, and AliExpress, which have created unfair competition for European businesses.The decision, advocated by France and expected to generate nearly 14 billion € annually, precedes the full abolition of the duty exemption in 2028 and included discussions on a Digital Euro.
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#China

#Temu

#Shein

#AliExpress

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EU finance ministers approved a temporary 3 € customs duty on small packages valued under 150 € imported from outside the bloc, effective July 1, 2026. This interim measure targets billions of parcels, predominantly...

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