EU fees that hit cheap Shein, Temu parcels may raise €6bn

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European Union charges on cheap e-commerce packages entering the bloc, which target Chinese platforms such as Shein and Temu, could raise €6 billion a year for the EU budget from 2028 to 2034.

European Union charges on cheap e-commerce packages entering the bloc, which target Chinese platforms such as Shein and Temu, could raise €6 billion a year for the EU budget from 2028 to 2034, a Commission document seen by Reuters today showed.

The estimate, previously unreported, shows the scale of Europe's crackdown on a flood of cheap ecommerce imports, which it says mostly come from China.

Some 5.8 billion parcels worth less than €150 entered the EU last year, a 26% rise from the previous year, according to the European Commission, which estimates the majority were undervalued to avoid customs duties.

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