The European Union is implementing a new €2 (approximately US$2.25) handling fee on parcels originating from outside the 27-nation bloc. This measure, set to take effect on Sunday, aims to reduce the volume of packages, particularly those coming from China. The fee will be applied to each item within a package sent directly to consumers, in addition to an existing €3 fee for small parcels, and comes just before the peak holiday shopping season. AI
RANK_REASON New regulatory action by a major economic bloc impacting international trade. [lever_c_demoted from significant: ic=1 ai=0.1]
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