EU takes aim at China's Temu and Shein with proposed import duty, FT reports

FILE PHOTO: Shein logo and their web shop are seen in this illustration taken, May 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

THE European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu, Shein, and AliExpress, the Financial Times reported on Wednesday, citing three people briefed on the matter.

The European Commission later this month will suggest scrapping a current 150 euros ($161) threshold under which items can be bought duty free, the report said.