EU Agrees to Interim €3 Levy on Small Parcels to Combat China

The European Union will impose higher fees on small packages starting next year in an attempt to curb the influx of parcels coming mostly from China.

EU finance ministers agreed on Friday to impose a temporary €3 ($3.52) levy per parcel starting in July, before applying permanent custom duties two years later. The move comes amid a boom in packages from Chinese retailers like Shein and Temu, which has rattled European businesses. 

Ministers agreed last month to abolish a rule that let goods…