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EU to impose customs duties on small parcels in 2026 in hit to China's Shein, Temu

BRUSSELS, Nov 13 (Reuters) – European Union finance ministers agreed on Thursday to bring forward to “as soon as possible in 2026” the introduction of customs duties on low-value parcels arriving in the 27-nation EU, an EU spokesman said, in a move that will hit Chinese on-line retailers Shein and Temu.The initial EU plan was to remove the custom duty exemption for parcels valued at less than 150 euros ($174.93) only in 2028. But the billions of packages arriving in the EU mainly from China have triggered a backlash from businesses and put pressure on politicians to act faster.

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Reporting by Jan Strupczewski; editing by Philip Blenkinsop

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