EU Slaps €3 Duty on Packages
The European Union put a tax on small packages from other countries. This tax is to stop unfair competition. The United States has done something similar.
The European Union added a €3 duty to imported packages that cost little money. This is to deal with problems caused by online sellers. These sellers are mainly from China. The EU says this is unfair competition. The United States has also taken this step.
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Highlights
EU Introduces Import Duty
The European Union has added a €3 duty to low-value packages.
Duty Targets Online Retailers
The duty is meant to fight unfair competition from online sellers in China.
US Took Similar Action
The EU’s action is similar to one taken by the United States.
Duty Amount is €3
The new duty is set at three euros.
Packages are Low-Value
The duty applies to low-value imported packages.