In a bid to level the playing field and bolster the position of traders within the European Union (EU), Brussels is planning to impose import duties on goods valued up to 150 euros, which were previously exempted. The move follows the European Commission's earlier abolishment of VAT exemptions. With these measures, the EU aims to address the growing challenges posed by cross-border trade and create a fairer market for all. This article explores the proposed changes and their potential implications for both consumers and businesses. Closing the Import Duty Exemption Gap As per the documents reviewed by Süddeutsche Zeitung, the…
Sustainability is no longer just a buzzword in the retail industry; it's now a critical factor in shoppers' purchasing decisions. For example, according to a recent survey conducted by Digital Commerce 360, a staggering 80% of shoppers are willing to wait longer for eco-friendly shipping options. This statistic clearly indicates that consumers are becoming more environmentally conscious and seeking out businesses that align with their values. In response, retailers recognize the importance of offering sustainable shipping options and are working to change their supply chains. Retailers are addressing this trend by partnering with eco-friendly carriers that use electric or hybrid…
