-
Stocks hit by AI concerns as oil rises on tanker attack
-
US trade gap in May widens to biggest in over a year
-
Prince Harry, Elton John lose case against UK tabloid
-
France's Le Pen cleared to run for president but with ankle tag
-
Serena wants to play again before US Open, says coach
-
This year's El Nino likely to become record-breaker: top expert
-
Sign of the times: Harry Styles sets record with 12-night Wembley run
-
Kenya, Tanzania shut down protest anniversaries
-
France's Le Pen arrives in court for key ruling in race for president
-
Women pushed back to Afghanistan pin hopes on rare private sector jobs
-
Stocks mixed tracking AI concerns, as oil rises on tanker attack
-
Bomb attacks wound 18 in Damascus as Macron visits
-
Paris FC confirm Rosenior taking over as coach
-
Cuba slowly gets power back after third nationwide blackout in six months
-
Thousands without power in US Pacific islands after super typhoon
-
NATO summit showcases arms deals in push to win over Trump
-
Prince Harry to discover outcome of UK tabloids case
-
Seoul dives on tough day for Asia as Samsung fails to ease tech woes
-
Messi v Salah in World Cup last-16 showdown
-
Democrats push key US Senate candidate to quit over sex assault claim
-
Death toll from China storms rises to 15, hundreds injured
-
As South Korean Buddhism woos Gen Z, how hip is too hip?
-
Belgium boosted by Balogun furore: Tielemans
-
'Disappointed' Pochettino says Balogun row no excuse for US World Cup exit
-
Samsung expects 1,800% operating profit leap on AI boom
-
Seoul dives on mixed day in Asia as Samsung fails to ease tech woes
-
Belgium thrash USA to end World Cup dream and set up Spain showdown
-
Belgium dump US out of World Cup after Balogun row
-
France's Le Pen faces pivotal ruling in race for president
-
How US is using cash and threats to dump migrants in Africa
-
NATO allies seek to win over Trump after Iran ire
-
Democrat in key US Senate race denies sex assault claim
-
US leads international concern after China test-fires missile into Pacific
-
Samsung expects 1,800% leap in quarterly operating profit on AI boom
-
Close to tears and on his own as Ronaldo's World Cup dream ends
-
Russian strikes kill at least 26 in Kyiv region on eve of NATO summit
-
Argentina's gruelling World Cup schedule a concern for Scaloni
-
Ronaldo 'won't make rash decisions' following last World Cup game
-
Race to recover bodies ahead of Venezuela quake cleanup
-
Paraguay govt slams lawmaker for racially abusing France's Mbappe
-
Egypt coach Hassan says Palestinian suffering 'a shame on the world'
-
US embraces Balogun World Cup reprieve as world seethes
-
NBA Kings waive six-time All-Star forward DeRozan
-
Spain win it late to give Ronaldo bitter end to World Cup career
-
Greaves and Hope centuries usher West Indies towards safety
-
Spain edge Portugal to end Ronaldo World Cup dream, US eye quarters
-
'I celebrated in bed' -- Norway's Solbakken stays grounded after beating Brazil
-
Spain win it late to bid farewell to Ronaldo at World Cup
-
Canada chooses Germany's TKMS to build new fleet of submarines
-
Trump's fireworks made Washington world's most polluted city
EU plans two-euro flat fee on small parcels from outside bloc
The EU said Tuesday that it was preparing to impose a two-euro ($2.25) flat fee on the billions of low-value packages that flood into the bloc each year, the great majority from China.
Trade chief Maros Sefcovic told the European Parliament that e-commerce platforms would be expected to pay the levy per parcel, which aims to help the European Union tackle the challenges from the massive influx of inexpensive items.
The fee would remove the customs-free status of packages worth less than 150 euros that are imported directly to consumers, often via platforms like Chinese-founded Temu and Shein.
Parcels sent directly to warehouses where they are stored in the EU would face a lower fee of 50 cents, Sefcovic said.
Last year, 4.6 billion such small packages entered the EU -- more than 145 per second -- with 91 percent originating in China. The EU expects the numbers to rise.
Platforms, including Shein and Temu, are suspected by Brussels of not doing enough to prevent the sale of products that do not meet European standards.
The EU also fears that many of the products imported into the 27-country bloc are unsafe, counterfeit and potentially even dangerous to consumers.
Sefcovic said the figure represented a "completely new challenge to the control, to the safety, to making sure that the standards are properly checked of the products which are shipped to the European Union".
European retailers say they face unfair competition from overseas platforms, which they claim do not often comply with the EU's stringent rules on products.
- 'Compensate cost' -
Sefcovic noted the "huge" workload for customs officials, "therefore I wouldn't look at the handling fee as a tax, simply the fee to compensate the cost".
Brussels also hopes part of the revenues from the fee will go towards the EU budget.
Paris is especially concerned about the issue: around 800 million such packages were shipped to France alone last year.
Last month, France said it wanted to start charging non-EU online sellers a handling fee per package until 2028 -- after which the EU is expected to phase out the customs-free status.
Shein and Temu did not immediately respond to AFP requests for comment.
The United States ended tariff exemptions earlier this month for goods shipped from China worth less than $800, which are to face a levy of 54 percent.
Z.AlNajjar--SF-PST