Imports from companies like Shein and Temu are overwhelming the European market, prompting the European Commission to prepare new customs taxes to curb the influx and protect local businesses.
56 reports, 8 independent
Updated Aug 27
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What happened
Imports from companies like Shein and Temu are overwhelming the European market, prompting the European Commission to prepare new customs taxes to curb the influx and protect local businesses.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- New €3 duty targets low-cost imports into Europe, impacting the market strategy of companies like Shein, Temu, and AliExpress.Sub-event
The EU Commission is preparing customs taxes to manage the overwhelming influx of imports from companies like Shein and Temu in Europe.1 source
Keep exploring
Part of
Europe addresses its competitiveness and labour market crisis.Also in this story
- The European Commission implemented new targets for the EU bloc on June 30, 2026.
- The US rejected a failed European labor model, while noting that the US economy is projected to be twice the size of Europe's.
The entities involved
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Temu
Chinese online marketplace owned by PDD Holdings
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Europe
terrestrial continent located in north-western Eurasia
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Shein
Chinese-Singaporean online fashion retailer
Related events
- Trade relations between Europe and the Dominican Republic are being discussed amid new 12.5% tariffs.
- Chinese exports are challenging established European industries, with particular attention paid to high-end goods like those produced by Gucci.
- Products are seeking market access in Europe, and delegations are discussing trade and investment potential between Europe and Pakistan.
- Solynta is reviewing trading frameworks and developing new diploid hybrid potato varieties for cross-border trade in Europe.
- Europe is implementing tariffs and regulatory crackdowns targeting cheaper international liquor imports.
Coverage
Newest first; wire copies grouped- jpost.comShein lost $99 million. Its recovery plan will cost you dearly | The Jerusalem Post
- innovationintextiles.com
- publishersweekly.com
- businesstimes.com.sg
- rte.ie
- euronews.com
- wwd.com
- theguardian.com
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