Europe Sees 6 Billion Reasons for New Levy on Online Shoppers (opens original article in a new tab)

The EU introduces a €3 duty on low-value online imports from July 1, targeting Chinese goods and aiming to address trade imbalances, but may increase costs and slow deliveries for consumers.

• EU imposes €3 duty on online imports under €150 from July 1, targeting China's low-cost goods.
• The levy aims to address trade imbalances and product safety, but may slow deliveries and increase costs for shoppers.
• UK retains duty-free threshold until 2029, creating uneven competition for businesses compared to EU rules.