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Outcome of EU proposal to scrap €150 customs duty exemption by end of 2024
2
Resolution / Starting Odds
Approved • 33%
Rejected • 33%
Postponed • 33%
Official EU announcements and trade policy updates
Story
EU Targets Temu, Shein, AliExpress, and Alibaba with Import Duties and DSA Scrutiny
Jul 3, 2024, 05:05 AM
The European Union is intensifying its scrutiny of Chinese e-commerce platforms Temu and Shein over compliance with the Digital Services Act (DSA). In addition, the EU is proposing to impose import duties on cheap goods bought from these platforms, as well as from AliExpress and Alibaba, aiming to address concerns about the influx of low-cost and potentially dangerous products. This proposal includes scrapping the €150 threshold below which goods are exempt from customs duties. The increased activity of Temu and Shein in the air cargo market is also driving up freight rates and raising fears of a capacity squeeze later this year.
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Similar markets
Yes • 50%
No • 50%
Temu • 25%
Shein • 25%
AliExpress • 25%
All of the above • 25%
Increase in trade • 33%
Decrease in trade • 33%
No significant change • 33%
EU increases energy purchases • 25%
U.S. imposes tariffs • 25%
Negotiations lead to compromise • 25%
No significant change • 25%
48% tariffs imposed • 33%
Reduced tariffs imposed • 33%
No tariffs imposed • 33%
No response • 25%
Retaliatory tariffs on Chinese goods • 25%
Formal complaint to the WTO • 25%
Negotiation and settlement • 25%
EU wins • 25%
China wins • 25%
Settlement reached • 25%
No resolution • 25%
Definitive duties imposed • 25%
No action taken • 25%
Resolution reached without duties • 25%
Investigation extended • 25%
Tariffs imposed • 33%
Retaliatory tariffs imposed • 33%
No tariffs imposed • 33%
