Stevie Mitchell Marquette Golden Eagles Baller 2025 March Madness Shirt . The European Union is set to overhaul its customs regulations, targeting the burgeoning low-cost e-commerce sector in a move that could significantly impact global online retail giants and consumer shopping habits.European Commission President Ursula von der Leyen, who was re-elected for a second five-year term last week, announced the initiative, stating, “We will address challenges with e-commerce platforms to ensure that consumers and businesses benefit from a level playing field based on effective customs, tax, security and sustainability controls.”At the heart of the proposed changes is the elimination of the current 150 euro exemption threshold for import duties, which was set to be abolished by March 1st, 2028. This revision aims to curb the growing influence of Chinese ultra-fast fashion companies such as Shein, Temu, and Aliexpress, while also aligning with the EU’s broader Green Deal objectives and push for sustainable production chains.
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