Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
World
Jujemay Awit

Is It the End for Temu and Shein? EU's New €3 Customs Duty Could Make Every Haul More Expensive

The EU has abolished customs duty exemption for cheap imports that will heavily affect European customers of Temu, Shein, and other fast-fashion online marketplaces (Credit: V H/Pexels)

Millions of Temu and Shein shoppers from Europe face the new EU €3 customs fee, equivalent to £2.57 and $3.43. There are an estimated 130 million Temu and 145 million Shein monthly users in the region.

Starting 1 July, the EU has abolished an 'outdated customs duty exemption for e-commerce packages worth less than €150 (£128.44 and $171.61).' Temu, Shein, and AliExpress have long benefited from this exemption, a practice welcomed by many European online shoppers. However, independent companies within the European Union face significant disadvantages against these fast-fashion giants.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.