EU puts €3 price tag on low-cost online parcels

The European Union will begin charging a fixed €3 customs duty on small parcels imported from outside the bloc from Wednesday, July 1, in a move aimed at curbing the surge in low-cost online orders from platforms such as Shein, Temu and AliExpress.

The measure will apply to parcels worth less than €150, which until now were exempt from customs duties, although they were still subject to VAT and customs declarations. The exemption, known as the de minimis threshold, has long allowed low-value...