A new €3 import duty has been applied to orders from Shein and Temu in Greece, impacting local businesses like the Hellenic Federation of Enterprises.

The entities involved

• Shein →

  Chinese-Singaporean online fashion retailer

  • The EU imposed a new duty on small parcels imported from outside the bloc.Mon 17:28
  • The intersection of high-end luxury (Rolex) and fast fashion (Shein) is being influenced by digital inspiration platforms like Pinterest.Thu 21:41
• Greece →

  country in Southeast Europe

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Leaders from Greece, Egypt, and Cyprus are meeting to advance cooperation on natural gas and energy matters through a Trilateral cooperation mechanism.Mon 17:18
• Temu →

  Chinese online marketplace owned by PDD Holdings

  • PDD Holdings operates Temu and Pinduoduo, two key ventures, and could benefit from Trump-era tariffs.Sun 02:04
  • Online products sold by Temu and Pinduoduo now require SIRIM certification for safety.Thu 17:58

Related events

• New €3 duty targets low-cost imports into Europe, impacting the market strategy of companies like Shein, Temu, and AliExpress.Jul 6