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Why the new US tax sows the mess in Europe

Similarly,

Why new us tax sows:

A blow for the parcel business in Europe? Similarly, This week. In addition, posterope, the association which represents European postal networks, warned that the latter could “Restricping or temporarily suspending shipping From some packages to the United States.

The reason is very concrete: on July 30. For example, a decree of the Trump administration announced that all the global parcels of goods a Value equal to or less than $ 800 will no longer be exempt from tax. In addition, And this, from August 29. Similarly, The sender will therefore have to free themselves from a customs duty to pay upstream of the shipment. Similarly, It is therefore the end of the tax regime, known as “minimis” in postal jargon, for small packages.

And not to fix anything. it was not until last Friday that the American customs service detailed the terms why new us tax sows of this new system, with still missing information. The preparation time is therefore “Extremely short”according to Postorope. which is why several postal companies are already considering to temporarily suspend their shipments.

“Critical situation” – Why new us tax sows

“The situation is critical for all European positions. It is urgent to clarify the new requirements of American customs. in order to make the necessary IT developments and deploy them in postal networks ”deplores this Thursday Jean-Paul Forceville, director of international relations of the French group La Poste group. He adds: ” This is the condition for customers. businesses and individuals, can continue to send their parcels by post to the United States. »»

Today. operators do not know, in fact, how customs duties will be calculated and collected, or how certain technical data will be transmitted to American services. Reason why Botond Szebeny, secretary general of Postorope, hopes “Sirly” that solutions will be found ” quickly why new us tax sows “.

Additional financial cost

In addition. he reminds The platformthe measure in itself will produce a “In addition financial costs that did not exist before”. For the La Poste group. the impact of this new entry tax will not be negligible, because the parcels of goods less than or equal to 800 dollars represent most of the shipments to the United States.

In addition, the tricolor postal network sends 1.6 million packages per year across the Atlantic, all values ​​combined. In addition, 80 % are sent by companies, indicates to The platform the group. The effect of this tax, or a suspension, is therefore not trivial.

Already suspended expeditions

On the side of Bpost. the Belgian network, packages of $ 800 or less do not represent “That a small part of the total number of shipments” reported yesterday the daily life of Flanders The latest news (HLN). However, the postman has already why new us tax sows decided to temporarily suspend his shipments to the United States for lack of complete information. “This measure aims to prevent the packages be blocked. our customers undergo unforeseen costs”justified the spokesperson for Bpost to HLN here.

Bpost was joined this Thursday by Postnord (the Suédo-Danois network), Posn Bring (Norway), Austrian Post (Austria). As for the tricolor post. in a statement this morning, it said that it would do it “If solutions are not found before the entry into force of this regulation on August 29”. In the meantime, the concern remains.

Further reading: Opinion of analysts of the day: Legrand revalued, Berenberg loves Klépierre, JP Morgan overvoltage VestasThe VIX falls at its lowest level of the year“I saw the end coming”: Elon Musk announces an imminent apocalypse and reveals his lunar plan to save humanityThe income of cinemas climb, but not at their level before the pandemicBernese cantonal bank (BCBE) has progressed over six months.

paisley.monroe
paisley.monroe
Paisley’s Nashville culture beat melds thrift-store fashion hauls with deep dives into songwriting royalties.
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