EU agrees three-euro small parcel tax to tackle China flood
Summary
EU finance ministers agreed to impose a three-euro duty on all small parcels imported into the bloc starting July 1, 2026, to address cheap imports primarily from China-based platforms.
Key Points
- EU finance ministers agreed to impose a three-euro duty on all small parcels imported starting July 1, 2026.
- The duty aims to tackle a flood of cheap imports from Chinese-founded platforms like Shein and Temu.
- The fixed fee is temporary until a permanent taxation solution is settled by the EU.
- France strongly supports the move as a way to protect the EU single market and consumers.
