Close Menu
    Trending
    • Corey Seager returns to form with a second-half resurgence
    • U.S. diesel price hits an all-time high as the Iran war disrupts the flow of fuel
    • Xbox to limit cloud gaming to 15 hours a month for Game Pass users
    • Russia Batters Kyiv, Southern and Eastern Ukraine in Sixth Straight Night of Strikes * The Gateway Pundit * by Antonio Graceffo
    • Witney Carson Reveals What She ‘Lost’ During Her Competitive ‘DWTS’ Years
    • Nepal faces long road to recovery as vulnerable communities bear brunt of disaster, say aid groups
    • Philippine court orders arrest of VP Duterte over President Marcos threats | Politics News
    • Dianna Russini responds to internal review by The Athletic about relationship with Mike Vrabel 
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»Trending News»Textile federation seeks 10 euro fee on EU fast-fashion imports
    Trending News

    Textile federation seeks 10 euro fee on EU fast-fashion imports

    The Daily FuseBy The Daily FuseSeptember 3, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    PARIS: A federation of European textile associations referred to as on Tuesday (Sep 2) for an import payment of 10 euros (US$11.60) on style imports, the newest effort to stem the flood of ultra-cheap competitors primarily from China.

    The plea by Euratex got here after the EU imposed in July a three-euro responsibility on low-cost parcels coming into the bloc, alleging a monetary burden for customs companies.

    It additionally adopted a lacklustre inventory debut for Chinese language ultrafast-fashion large Shein, whose fortunes have been hit by the brand new EU cost in addition to the same clampdown in the USA, two key markets.

    Individually, France started Tuesday imposing a levy on ultrafast-fashion gadgets that can finally attain nearly 20 euros per garment.

    Euratex president Mario Jorge Machado welcomed the EU payment at an business convention in Paris however stated “we can’t cease there”.

    The group stated in a press release {that a} 10-euro “dealing with payment” ought to present customs authorities with “assets to establish unsafe and non-compliant items”.

    It additionally warned towards permitting loopholes to the tax akin to bulk imports or European warehouses to make sure “a stage taking part in discipline” for a European business that features some 200,000 firms using 1.3 million folks.

    China has warned of potential retaliation to the charges.

    Shein’s European buyer base rose to 156 million common month-to-month customers by the top of 2025, making it one of many continent’s greatest e-commerce platforms, alongside AliExpress and US titan Amazon, which had 193 million and round 180 million customers respectively.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    Nepal faces long road to recovery as vulnerable communities bear brunt of disaster, say aid groups

    September 4, 2026

    81 dead as Yemen’s Houthis push towards key strait: Sources

    September 4, 2026

    Milei says ‘winds of change’ favour Argentina in Falklands row

    September 4, 2026

    Trade tensions with US fuel Canadian patriotism as shoppers shun American goods

    September 4, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Lizzo Stuns Fans With Jaw-Dropping Transformation At Baby2Baby Gala

    November 10, 2025

    Mark Sanchez charged with felony battery

    October 6, 2025

    Is Trump’s military campaign against drug traffickers in Venezuela legal?

    November 7, 2025

    Y Combinator Demo Day: Lessons For Angel Investors

    June 19, 2026

    Trump signs order extending China tariff truce by 90 days, White House says

    August 11, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.