<ul><li>The European Union is imposing a 2 euros ($2.26) fee on small packages from retailers like Shein and Temu, significantly lower than charges in the US post Trump administration's decisions.</li><li>Europe's move affects Chinese fast fashion giants like Shein and Temu but is less impactful compared to the US ending the 'de minimis' loophole that allowed import duty avoidance.</li><li>Consumers in the US are facing increased prices and longer shipping times as a result of reduced Chinese import tariffs from 120% to 54% and the $100 flat fee per postal item for packages worth less than $800.</li><li>This change is expected to result in higher prices, longer shipping times, and fewer options for US consumers, particularly impacting lower-income households that rely on small parcels for budgetary reasons.</li></ul>

Shein and Temu purchases now cost a lot more — unless you're in Europe

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