world-economy

EU Imposes New Levy on Online Purchases, Adding €6 Billion in Trade Costs

The European Union will implement a new import duty next week, primarily targeting China. This measure is expected to generate approximately €6 billion in additional revenue. The levy will reshape logistics flows between Asia and European ports. Freight operators report growing complexity in routing decisions. Spot rate premiums between Mediterranean and North European gateways have reached levels not seen since 2022. Importers and logistics providers are recalibrating supply chains ahead of implementation, with particular attention to port selection and consolidation strategies. The regulatory change reflects trade tensions between the EU and Asia as consumer spending in key markets remains under pressure.