UK Edition

Monday, 2 November 2026

Markets Brief

News, business, world affairs and market coverage

UK

EU introduces €3 customs charge on small parcels to curb cheap Chinese imports

Markets Brief, UK brief (2026-06-29): Parcels 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… Primary source: original at The Guardian (theguardian.com).

Parcels 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”.

Continue reading...