Duty-free treatment for parcels under 150 euros is on the chopping block and almost certainly will be adopted by the EU countries. China in shambles.
via CNBC:
Chinese online marketplace Temu and fast-fashion retailer Shein will be liable for the sale of unsafe and dangerous products on their platforms, the European Commission said on Wednesday, as part of a crackdown against a flood of cheap e-commerce imports into the European Union.
The EU executive also said it would coordinate a joint investigation by the Consumer Protection Cooperation Network of national consumer authorities into Shein based on suspicions that the company infringes EU consumer protection rules.
The measures by the EU executive echo a similar push by the U.S. government which ended a trade provision this week used by retailers including Temu and Shein to ship low-value packages duty-free to the United States.
The Commission said its concerns were triggered by some 4.6 billion low-value items below 22 euros ($23) imported into the EU last year, equal to 12 million parcels per day, 91% of which came from China. The 4.6-billion-euro figure was double that in 2023.
h/t Throwingdartsmouth
