EU to Consider Closing Off Duty Exemption That Aids Shein, Temu
- Effort follows provisional tariffs levied on Chinese carmakers
- US Congress may also take action against de minimis threshold
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The European Union is working on a proposal to impose import duties on cheap goods bought from online platforms outside the bloc, a move that would primarily target Chinese retailers such as Temu, AliExpress and Shein, according to people familiar with the matter.
The EU currently has a €150 ($161) duty-free threshold for online purchases that’s meant for small gifts or personal packages but that has enabled a surge in small-value imports from those platforms, the people, who spoke on condition of anonymity, said.