live U.S. to impose measures 'never seen before' on Iran, Treasury secretary says
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
The European Union has introduced new fees on low-value e-commerce imports from China, marking its first major step to tackle what it says is unfair competition from online retailers such as Shein, Temu and AliExpress.
The charges, which came into force on Wednesday, apply to parcels that previously entered the bloc duty-free if they were worth less than €150. Instead of charging per parcel, the new system applies a fee to each customs classification within a shipment.
A parcel containing three different types of goods will incur a €9 charge, while one containing several identical items, such as dresses or toys, will cost €3.
EU officials say the long-standing exemption no longer reflects today's trading environment, as online shopping has transformed the volume of low-value imports entering Europe.
"In a different trading world this made a lot of sense, but that world doesn't exist anymore. It's been turned on its head by e-commerce, especially from China," said Dirk Gotink, the European Parliament's lead lawmaker on customs reform.
"The exemption was abused and misused on an industrial scale to create a competitive advantage at the expense of EU businesses."
The number of low-value e-commerce parcels entering the EU has risen sharply, increasing from 1.4 billion in 2022 to 5.8 billion in 2025.
Industry experts believe the new charges will reduce the volume of online goods arriving in Europe by air, while consumers are likely to face higher prices as retailers pass on at least some of the additional costs.
Derek Lossing, an e-commerce and air cargo consultant at Cirrus Global Advisors, said shipments into the EU could fall by between 10% and 35% in the coming weeks.
"When the U.S. ended de minimis, Europe was a really good alternative that platforms could shift to – but now there's not a really clear alternative to Europe," he said.
The U.S. ended its own duty exemption for Chinese imports earlier this year, adding pressure on low-cost online marketplaces.
The €3 fee is a temporary measure and is expected to be replaced by category-specific duties when the EU's new Customs Authority begins operating in July 2028.
Shein has already expanded its warehouse capacity in Poland to ship more products into the EU in bulk ahead of the changes. The company and Temu did not comment on the new measures.
AliExpress said products affected by the rules would be labelled to show when duties and VAT are included in the price, while customers buying other imported goods would see a breakdown of charges before completing their purchase.
Amazon said 97% of its EU orders last year were fulfilled from warehouses within the bloc. For products shipped from outside the EU, customers will also be be shown any import charges before checking out.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Iran and Afghanistan are seeking closer cooperation in agriculture, livestock and irrigation during a three-day Iranian ministerial visit to Kabul, as both sides look to strengthen trade and rural economies.
At least 437 civilians were killed and 2,610 injured in Ukraine in July, according to UN investigators, marking the highest monthly civilian casualty toll since March 2022.
Record rainfall in Japan killed eight people and stranded thousands of travellers at Tokyo's Narita Airport on Friday, as flooding disrupted transport and cut power to 20,000 homes.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments.
Ukraine’s attacks on Russian ports, refineries and shipping infrastructure are putting Moscow’s energy exports under growing pressure and disrupting key trade routes, raising concerns over commercial shipping and global food supplies.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment