The European Small Chinese Package Tax Results in a Drastic Drop in Imports
5 Articles
5 Articles
Imports of the number of these packages fell from about 30% to 40% in the European Union, announced Thursday the Ministry of Economy, citing a figure from the French customs. Contacted by the AFP, Shein did not want to comment. Temu and AliExpress had not reacted in the immediate future. This decline is the result of the Brussels decision to introduce a tax of 3 euros on each category of product housed in these small packages on 1 July. This was…
Since 1 July, packages with a value of less than EUR 150 imported into the EU, until now exempt from customs duties, are subject to a European tax of EUR 3 per product type L
"Given China, there is no fatality," said Minister of Economy Roland Lescure, who welcomed the impact of this scheme on Asian major online sales platforms, Shein, Temu and AliExpress.
Imports of small parcels into the European Union have fallen by 30% to 40% following the introduction of a new European customs tax on July 1. The data, based on information from the French customs service, was announced Thursday by the French Ministry of Economy as Brussels targets the massive influx of cheap Asian e-commerce goods. Under the new rules, parcels worth less than €150—which were previously exempt from customs duties—are now subjec…
Since 1 July, small parcels imported into the European Union have been subject to a tax of three euros per type of product. According to the French customs authorities, this measure has already led to a reduction of 30% to 40% of imports. The new European tax on small parcels seems to have already produced effects. According to a French customs figure quoted by the Ministry of Economy on Thursday 27 August, imports of these goods have decreased …
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