Published: July 4th, 2024,
Last updated: August 10th, 2024

The European Union aims to accelerate its plan to impose tariffs on cheap goods from Chinese online retailers such as Temu and Shein. This was reported by the Financial Times on Wednesday, citing three individuals familiar with the matter. According to the report, the European Commission intends to abolish the current 150-euro duty-free threshold for goods later this month.