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Caixin Global
Caixin Global
Business

The Week Ahead (June 29-July 5): EU Removes Tariff Exemption for Small E-Commerce Parcels

European Union e-commerce China

July 1: EU removes tariff exemption for small parcels

The European Union will officially end its tariff exemption for cross-border packages valued under 150 euros ($174) and tighten rules on platform responsibility, product safety and customs data. The move marks the end of a long-standing tax break that has significantly benefited Chinese e-commerce platforms.

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