EU Proposal for Import Duty Targeting Chinese Brands Temu and Shein
Wednesday, 3 July 2024, 01:25
EU Proposal for Import Duty Targeting Chinese Brands Temu and Shein
The European Union has proposed an import duty aimed at Chinese brands Temu and Shein, as reported by the Financial Times.
Regulating Imports from China
This move signifies the EU's intention to address trade issues with specific Chinese companies and protect local industries.
Potential Trade Implications
- If implemented, this measure could have significant implications for trade relations between the EU and China.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.