https://www.taxtmi.com/news?id=73618 The European Union introduced new trade measures to address the surge in low-value e-commerce imports and protect domestic industry from unfair competition. The package removes the de minimis customs duty exemption for parcels valued below 150 euros and imposes a new 3 euro customs duty on small packages, while also introducing new steel import rules with tariff-free quotas, a 50 per cent out-of-quota duty, and enhanced traceability requirements for the melt and pour stage of production. en-us Wed, 01 Jul 2026 20:16:04 +0530 Wed, 01 Jul 2026 20:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73618 The European Union introduced new trade measures to address the surge in low-value e-commerce imports and protect domestic industry from unfair competition. The package removes the de minimis customs duty exemption for parcels valued below 150 euros and imposes a new 3 euro customs duty on small packages, while also introducing new steel import rules with tariff-free quotas, a 50 per cent out-of-quota duty, and enhanced traceability requirements for the melt and pour stage of production. News - Wed, 01 Jul 2026 20:16:04 +0530 https://www.taxtmi.com/news?id=73618