The European Union is drawing up plans to impose tariffs on cheap goods from Chinese online stores, including Temu, Shein and AliExpress. About this reported the Financial Times.
According to the publication's sources, at the end of this month, the European Commission will propose to cancel the current threshold of 150 euros, below which goods can be bought duty-free.
According to the European Commission, in 2023, two billion parcels with a declared value of less than 150 euros arrived in the EU from abroad. The European Commission notes that "huge volumes of e-commerce are testing the strength of customs authorities."
The FT article also says the EU is discussing lifting the cap as part of a customs reform project proposed by the European Commission in May 2023, but may now try to speed up its adoption to counter a surge in cheap imports.
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