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Market Impact: 0.35
EU’s Small Parcel Fee Targeting China Leads to Drop in Imports
Source: Bloomberg
Trade Policy & Supply ChainTax & TariffsCommodities & Raw Materials
EU’s new €3 fee on certain Chinese imports raised about €224 million ($260 million) at Belgium’s main entry point over the first seven weeks, offering an early read on its effectiveness. The data is an early signal that tariffs/fees are extracting meaningful revenue, though the article does not yet confirm how much it reduced the flow of low-cost goods.
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