08 Jul 2024 --- The European Commission (EC) could soon slap import duties on cheap goods from China, which could impact online beauty retailers such as Temu, AliExpress and Shein. The Financial Times says that later this month, the EC could propose removing the €150 (US$162.49) threshold under which items can be purchased duty-free. The proposal must be discussed and accepted by the European Parliament. The commission previously proposed removing the duty threshold last year but an EU official said it could now speed up its adoption to counter the increase of cheap imports.
