EconomyLens.com
No Result
View All Result
Monday, October 26, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

New levy on non-EU parcels kicks in November 1

Andrew Murphy by Andrew Murphy
October 26, 2026
in Economy
Reading Time: 5 mins read
A A
9
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

The EU insists the two-euro handling fee will not be paid for by European consumers. ©AFP

Brussels (Belgium) (AFP) – The European Union will from November 1 slap a two-euro ($2.25) handling fee on packages from outside the 27-nation bloc in a bid to curb the influx from China. The new levy — coming just weeks before the Black Friday, Cyber Monday, and Christmas season shopping rushes — will be on top of the EU’s three-euro fee on small parcels.

Related

Trump says Canada trade deal coming ‘soon’

Maine logging, cross-border ties whipsawed by US-Canada tariff war

France’s debt woes in focus as ECB meets

Sri Lankan turbine project fuels anger as fish hauls plunge

Sri Lanka seeks faster green energy shift after oil shocks

– How will it work? – The fee will apply to each type of item in a package sent directly to consumers from outside the EU regardless of the parcel’s value. For example, if there are 10 T-shirts in a package, the handling fee will be two euros. But if a package contains two hats and 10 T-shirts, the fee will be four euros. The handling fee comes on top of the three-euro duty imposed in July on small packages worth less than 150 euros.

But European consumers will not pay the handling fee, insists the EU. Online marketplaces including US platforms such as Amazon and Chinese retailers such as AliExpress and Temu, as well as sellers and other intermediaries must pay the new fee. Platforms and sellers can, however, raise their prices, thereby passing off the higher costs to the consumer.

– Why is the EU introducing the fee? – Nearly six billion small packages entered the EU last year, according to official data. Some 93 percent of the cheap packages that arrived in Europe came from China, usually via popular Asian platforms such as AliExpress and Temu. Brussels says this is putting increasing strain on customs authorities to manage this influx, thereby raising their costs too. The handling fee will compensate their efforts. Since the EU imposed the three-euro duty on small parcels in July, imports have fallen by around 64 percent — although officials warn it is too early to draw firm conclusions. Europe has also expressed concern about “unsafe” non-EU products such as toys that violate the rules arriving in the bloc via Chinese e-commerce platforms.

– What’s next? – The two-euro handling fee is a permanent levy but the three-euro duty on low-value packages is a temporary measure in place until July 1, 2028. From that date onwards, standard, product-specific customs tariffs will apply. The EU will have to assess the handling fee’s amount every two years to ensure it remains proportional to the cost of customs operations in the bloc.

© 2024 AFP

Tags: Chinae-commerceEU
Share8Tweet5Share1Pin2Send
Previous Post

Canada-EU summit seeks deepened alliance as US ties fray

Next Post

Stock markets mixed ahead of tech earnings, central bank decisions

Andrew Murphy

Andrew Murphy

Related Posts

Economy

Fed expected to hold rates steady days ahead of US midterms

October 25, 2026
Economy

Trapped: Soaring fuel costs hurt Maine lobster industry before midterms

October 23, 2026
Economy

Tanker with Russian diesel heads to New York under Trump deal

October 25, 2026
Economy

Napa Valley’s wineries feel Trump’s tariff squeeze

October 24, 2026
Economy

From tech giants to anonymous nonprofits, the biggest donors in US midterms

October 23, 2026
Economy

Finland grants licence for world’s first nuclear waste repository

October 22, 2026
0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
9 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

New levy on non-EU parcels kicks in November 1

October 26, 2026

Canada-EU summit seeks deepened alliance as US ties fray

October 26, 2026

Trump says Canada trade deal coming ‘soon’

October 25, 2026

Stocks sink as traders brace for tech earnings, central bank decisions

October 26, 2026
From EconomyLens

Clear insights, straight to your inbox.

Get the stories and perspectives shaping the economy.

EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.