Based on Coinotag, EU finance ministers agreed to eliminate the de minimis exemption by 2026, imposing customs fees on low-value imports from platforms like Shein and Temu to address unfair competition from Chinese goods. The move, supported by 27 EU countries, aims to protect local retailers and curb the influx of untaxed products. The European Parliament still needs to approve the policy.
EU to Impose Customs Fees on Shein and Temu Imports by 2026
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