Ready or not, it’s the end of de minimis in the EU

Today marks the end of the EU’s de minimis exemption for low-value imports, meaning parcels valued at less than €150 will be subject to a flat customs duty of €3, but the outcome of this change will not be known for several months, with possible loopholes emerging. Termination of de minimis is seen as a tool to reduce the huge influx of cheap Chinese consumables from the likes of Shein and ... The Read full article →