Shein logo and their web shop are seen in this illustration taken, May 16, 2024. Dado Ruvic/ReutersThe European Union’s finance ministers agreed to end duty-free cheap parcels as early as next year, instead of in 2028 as previously planned, the EU’s executive branch, the European Commission said on Thursday.Under the de minimis rule, imported goods valued less than €150 (about $175) are exempt from customs duties. The rule has benefited eRetailers that sell cheap goods from China, such as AliExpress, Amazon, Shein, and Temu.
EU Ministers Agree to Fast-Track Crackdown on Duty-Free Rule Used by Shein, Temu
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