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EU to impose €3 customs duty on low-value online parcels [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
From 1 July 2026, a per-item charge will be introduced to curb rising low-cost Chinese e-commerce imports from platforms such as Shein and Temu. According to the EU's council of 27 governments, the customs duty will remain in force until a permanent framework is introduced to abolish the existing de minimis exemption for online purchases valued below €150. The exemption was due to be removed in 2028 as part of a wider reform of the EU's customs system. However, calls to act sooner have intensified amid concerns that Chinese goods are being dumped on the European market. A council source said the duty would be calculated per product category, using six-digit tariff codes. For example, ten pairs of socks of the same type would attract a single €3 charge, while five pairs made of wool and five of cotton would be treated as two separate item types, resulting in a total charge of €6. Irish EU lawmaker Barry Andrews, who had previously proposed a €5 levy per package, said he su [Read more]
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Stockreport

EU to impose €3 customs duty on low-value online parcels [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
From 1 July 2026, a per-item charge will be introduced to curb rising low-cost Chinese e-commerce imports from platforms such as Shein and Temu. According to the EU's council of 27 governments, the customs duty will remain in force until a permanent framework is introduced to abolish the existing de minimis exemption for online purchases valued below €150. The exemption was due to be removed in 2028 as part of a wider reform of the EU's customs system. However, calls to act sooner have intensified amid concerns that Chinese goods are being dumped on the European market. A council source said the duty would be calculated per product category, using six-digit tariff codes. For example, ten pairs of socks of the same type would attract a single €3 charge, while five pairs made of wool and five of cotton would be treated as two separate item types, resulting in a total charge of €6. Irish EU lawmaker Barry Andrews, who had previously proposed a €5 levy per package, said he su [Read more]
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AMZN
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Price Change %
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LAST PRICE AT
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Multi-day stock performance from the time of the news release
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Low:
%
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%
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