EU Imposes Processing Fee on Foreign Small Packages
The European Union is adding a fee to shipments from outside the EU. This fee joins new customs duties on cheap online products. These changes will affect trade between the EU and other countries.
The European Union announced a new processing fee for goods arriving from countries not in the EU. This fee will be applied to these shipments. The fee is being introduced alongside planned new customs duties. These duties will apply to inexpensive goods sold online. The new customs duties will start in November.
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Highlights
EU Introduces New Fee
The EU is adding a processing fee for shipments from outside the EU.
Fee Added to Trade
This fee is in addition to new customs duties.
Customs Duties Start Soon
New customs duties will begin in November.
Impact on Trade Expected
The measures will affect trade between the EU and other nations.
Online Goods Affected Too
Customs duties will also apply to inexpensive online goods.