Customs duty on small parcels: help for Europe’s economy?

As of July 1, customs duties are being levied on parcels of goods from non-EU countries worth less than 150 euros. These will be subject to a fixed fee of three euros per item type. Until now, such parcels had enjoyed an exemption. The tariffs are expected to hit online retailers selling cheap goods such as Temu and Shein particularly hard. Commentators debate whether this will strengthen the European economy and drive out discount retailers.

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