Parcels of goods worth under €150 will no longer enjoy ‘de minimis’ exemption, exploited by platforms such as Temu and SheinBusiness live – latest updatesThe European Commission has said it hopes to prevent the “deser...
See moreParcels of goods worth under €150 will no longer enjoy ‘de minimis’ exemption, exploited by platforms such as Temu and Shein
The European Commission has said it hopes to prevent the “desertification” of Europe’s high streets, as it prepares to introduce a customs tax on small parcels in an attempt to curb cheap Chinese imports.
Consumers have been able to buy up to €150 (£129) worth of goods, including fast fashion, cosmetics and toys, without any customs charges as part of a “de minimis” exemption, a tariff break meaning “too small to matter”.
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Parcels of goods worth under €150 will no longer enjoy ‘de minimis’ exemption, exploited by platforms such as Temu and SheinBusiness live – latest updatesThe European Commission has said it hopes to prevent the “deser...
See more