EU’s new levy on parcels kicks in

🌐 Channel NewsAsia (Singapore) —
EU’s new levy on parcels kicks in

AI Summary

The European Union introduced a €2 handling fee on parcels arriving from outside the bloc on Nov. 1. The levy is intended to curb the influx of packages, particularly those originating in China.

The European Union slapped a €2 (US$2.24) handling fee on packages from outside the 27-nation bloc on Nov 1 in a bid to curb the influx from China.

World Politics Markets Commodities Shipping European Union parcel levy handling fee cross-border trade China imports

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