Our Scans · EU Exit Export · Weekly Summary

• [New] The co-legislators agreed to establish a safeguard mechanism in the event that the tariff preferences granted to the US lead to increases in imports that threaten to cause serious injury to EU industry, including the agricultural sector. PubAffairs Bruxelles
• [New] The EU Customs Data Hub is planned to be fully operational around 2028, at which point the €3 transitional duty will be replaced by a full duty regime applying standard EU tariff rates to sub-€150 goods. Carra Globe
• [New] While the UK and the EU each appear to have a 10% rate, the EU's is a flat rate, while the UK's will apply alongside other tariffs, in a range of goods including footwear and textiles. BBC News
• Businesses already using EU trade policy as a customs advantage will be seeking the commercial opportunity that the EU-US trade deal presents. Customs Support Group
• Low-value parcels entering the EU now pay a flat €3 customs duty per tariff line as an interim measure, ahead of the EU Customs Data Hub planned for 2028. Fudge
• If you want to buy a pair of Chinese-made jeans (there are different rules for goods made in the EU) from a French shop costing £200 after shipping, you will probably pay customs duty of £24 and VAT of £44.80, bringing the total to £268.80. The Guardian
• Scotch Whisky Tariff Phase-Down: Customs duties levied on British Scotch whisky imports will be systematically reduced from 150% down toward a 40% threshold over a ten-year transition window. INSIGHTS IAS - Simplifying UPSC IAS Exam Preparation
• Corn carries event risk around EU weather damage, the durability of Argentina's new China flow, and U.S. export momentum. The Deepcore
• The EU can work towards shared international ambition, reducing protectionism risks, and unlocking large-scale investment globally. Climate Home News
• GS1 Sunrise 2027 is moving retail point of sale systems toward 2 D barcodes, primarily QR codes, by the end of 2027, and the EU Digital Product Passport is beginning to require structured product data on goods sold in Europe. QRCodeKIT
• The main benefit to the EU of the Turnberry Deal might be at least a certain degree of predictability with regards to US trade relations, as it is highly unlikely that the current US Administration will give up on tariffs. German Economic Institute (IW)
• The budget talks carry particular political risk because Le Pen has proposed sharply reducing France's contributions to the EU, while Paris and Berlin have historically disagreed over both common financing and trade policy toward China. Stock Market Update
• As digital technology has made it easier to work with organizations worldwide, the opportunity to export British expertise has grown significantly. BusinessMole

Last updated: 03 August 2026