Brexit And Its Impact On Amazon Sellers
After many years of back and forth, “Brexit” (British exit), the withdrawal of the United Kingdom (UK) from the European Union (EU) finally happened on 31 January 2020. Well, but were all the things sorted out after so much hassle? Unfortunately, No. Currently, the UK still continues to participate in the European Union Customs Union and European Single Market during a transition period that will end on 31 December 2020. During this phase a new free trade agreement is meant to be negotiated. Every action has its consequences, and Brexit, has created a major blow on the sellers in the UK and Europe. Catastrophic situations have occurred for UK and EU sellers on Amazon. That is, if your business uses Amazon’s Fulfillment services, many changes are on the way. (and definitely not any good ones!) As we all know, Amazon.co.uk is one of the most popular Amazon marketplaces in Europe – both for buyers and sellers. Especially companies from overseas tend to start selling in the EU fr
