EU ends €150 de minimis exemption, squeezing low-value e-commerce

Summary

The European Union abolished its €150 customs-duty exemption for low-value imports on July 1, replacing it with a flat €3 per-item duty and a further €2 handling fee expected from November. The change is cooling small-parcel e-commerce air cargo, with Hong Kong–Europe tonnages down about 20% over three weeks per WorldACD.