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

EU plans two-euro flat fee on small parcels from outside bloc

Emma Reilly by Emma Reilly
May 21, 2025
in Economy
Reading Time: 5 mins read
A A
0
23
SHARES
282
VIEWS
Share on FacebookShare on Twitter

The EU fee would remove the customs-free status of packages worth less than 150 euros that are imported directly to consumers. ©AFP

Brussels (Belgium) (AFP) – The EU said Tuesday that it was preparing to impose a two-euro ($2.25) flat fee on the billions of low-value packages that flood into the bloc each year, the great majority from China. Trade chief Maros Sefcovic told the European Parliament that e-commerce platforms would be expected to pay the levy per parcel, which aims to help the European Union tackle the challenges from the massive influx of inexpensive items.

Related

UK set for ‘limited’ budget giveaways as borrowing costs surge

New levy on non-EU parcels kicks in Sunday

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

The fee would remove the customs-free status of packages worth less than 150 euros that are imported directly to consumers, often via platforms like Chinese-founded Temu and Shein. Parcels sent directly to warehouses where they are stored in the EU would face a lower fee of 50 cents, Sefcovic said. Last year, 4.6 billion such small packages entered the EU — more than 145 per second — with 91 percent originating in China. The EU expects the numbers to rise.

Platforms, including Shein and Temu, are suspected by Brussels of not doing enough to prevent the sale of products that do not meet European standards. The EU also fears that many of the products imported into the 27-country bloc are unsafe, counterfeit and potentially even dangerous to consumers. Sefcovic said the figure represented a “completely new challenge to the control, to the safety, to making sure that the standards are properly checked of the products which are shipped to the European Union”.

European retailers say they face unfair competition from overseas platforms, which they claim do not often comply with the EU’s stringent rules on products. Sefcovic noted the “huge” workload for customs officials, “therefore I wouldn’t look at the handling fee as a tax, simply the fee to compensate the cost”. Brussels also hopes part of the revenues from the fee will go towards the EU budget.

Paris is especially concerned about the issue: around 800 million such packages were shipped to France alone last year. Last month, France said it wanted to start charging non-EU online sellers a handling fee per package until 2028 — after which the EU is expected to phase out the customs-free status. Shein and Temu did not immediately respond to AFP requests for comment. The United States ended tariff exemptions earlier this month for goods shipped from China worth less than $800, which are to face a levy of 54 percent.

© 2024 AFP

Tags: Chinae-commerceEU
Share9Tweet6Share2Pin2Send
Previous Post

UK inflation hits 15-month high as utility bills soar

Next Post

Apple design legend Jony Ive joins OpenAI

Emma Reilly

Emma Reilly

Related Posts

Economy

Sri Lankan turbine project fuels anger as fish hauls plunge

October 26, 2026
Economy

Sri Lanka seeks faster green energy shift after oil shocks

October 26, 2026
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
Next Post

Apple design legend Jony Ive joins OpenAI

Consumer groups want airlines to pay for baggage fees 'distress'

Trump says mulling privatizing Fannie Mae and Freddie Mac

G7 finance chiefs seek unity as Canada talks near end

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 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

Brazil markets battered, tech in focus elsewhere

October 26, 2026

Microsoft offers voluntary exit packages to 60,000 staff

October 26, 2026

Anthropic unveils IPO filing, showing soaring sales and AI risks

October 26, 2026

Stocks climb ahead of tech earnings, central bank calls

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.