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Europeans will soon pay more for cheap imports.
Starting July 1st, small parcels valued at less than €150 (about $171) that enter the EU will be subject to a fixed €3 (about $3.42) customs duty. This temporary measure aims to protect local businesses by reducing competition from foreign low-cost retailers like Temu and Shein, while the EU works out a permanent solution. [Link: Europe Sees 6 Billion Reasons for New Levy on Online Shoppers | https://www.bloomberg.com/news/articles/2026-06-23/europe-sees-6-billion-reasons-for-new-levy-on-online-shoppers | Bloomberg]
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ekathimerini.com
New EU €3 duty on low-value imports sparks wait-and-see response | eKathimerini.com
The market is taking a wait-and-see approach on the expected deterrent effect of a new €3 EU duty on small parcels worth under €150 imported from third countries, aimed mainly at…
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cryptobriefing.com
European Union slaps €3 levy on cheap online purchases, targeting flood of Chinese imports
The EU will impose a €3 customs duty on online purchases under €150 starting July 1, targeting billions of cheap Chinese imports from Temu, Shein, and
