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Economy

Cheap Asian parcels face another €2 EU levy

From 1 November the EU adds €2 per item to the €3 levy in place since July on cheap goods from web shops such as SHEIN and Temu.

From 1 November, the European Union will charge another €2 per imported item on cheap parcels from Asian web shops. It comes on top of the €3 per item that has applied since July.

The EU wants to put a brake on the stream of low-priced goods that web shops such as SHEIN and Temu send into the bloc. The €3 levy that has applied since July is charged on each article that is flown in.

The extra €2 is meant to cover the costs that customs services incur in processing and checking the flow of small shipments.