EU considers imposing customs duties on cheap Chinese online goods due to quality concerns and unfair advantage.
The European Union is considering imposing customs duties on cheap goods bought from Chinese online retailers, such as Temu, Shein, and AliExpress, due to concerns over an influx of low-quality products and an unfair advantage for these retailers. The current €150 duty-free threshold may be removed, and large platforms may be required to register for VAT payments online. This move follows a surge in e-commerce imports and growing protectionist sentiment in the West.
July 03, 2024
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