European Union finance ministers agreed on Friday to set a 3 euro ($3.52) custom duty on low-value parcels arriving in the bloc, part of an attempt to crack down on cheap Chinese e-commerce imports such as from online retailers Shein and Temu.
The duty will apply from July 1, 2026, French Finance minister Roland Lescure said, and will be in place until a permanent solution is found to eliminate the “de minimis” duties exemption for online purchases below 150 euros.
($1 = 0.8531 euros)
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