According to the Trade Association, the new American criminal tasks against China “significantly” increase the “low costs” from the Far East to Europe. Instead of in the United States, more and more Asian container ships with low -quality goods are now “in the direction of Europe”, said the boss of the commercial association Rainer on Thursday. He therefore calls for a temporary lock through the cheap shipping memu, Shein & Co in Europe.
In addition to the particularly high general special rates for China, US President Donald Trump has also ordered the rates of 90 percent for goods with low value of China ——- Sriviering of the previously provided taxes for these articles, which are mainly purchased through the Temu and Shein apps. Trump had previously lifted customs -free imports of packages with a value of a maximum of $ 800 (around $ 724).
EU committee must “act immediately”
Given the recent developments in the American/China -Douane dispute, the director of the Handelsvereniging calls on the EU committee “Immediately for action”. Temu and Shein violate “presumably repeated repeated EU legislation”. The EU has not yet focused on EU enforcement instruments, “criticized.
For goods from non-EU countries such as Asia, which are ordered via the internet, a tax-free limit of 150 euros is currently valid. The Handelsvereniging penetrates the duty -free limit to zero euros. If the EU does not make this fast enough, Austria would have to introduce a processing costs of 150 euros for packages from Shein and other online retailers from China.
The public sector in Austria would miss around a billion euros in VAT due to incorrect customs – specification of a low value. Austrian sales representatives have long been calling for more customs package controls, more customs employees and better equipment for customs authorities.
Billions of Duty -Free to Europe
According to the Trade Association, around 4.6 billion packages were delivered in Europe in 2024. Two thirds of these packages are wrongly declared to avoid customs costs and save the turnover tax. “The damage to the Austrian trade is around 4.5 billion euros,” estimates the sales representatives.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
