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Germany backs ending EU tax breaks that benefit Temu and Shein

by admin


These tax breaks are crucial for Shein and Temu, allowing them to sell clothes, accessories and gadgets at steep discounts compared to their EU competitors.

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Critics of Shein and Temu in the United States have already complained that they use an import tax exemption there to undercut rivals and avoid customs inspections of their products.

Germany has recently revealed that it backs the scrapping of some EU import taxes, which could potentially see the winding up of tax breaks for cheap packages. This is because…



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