The EU is introducing a flat fee of 2 euros on small parcels under 150 euros from Chinese retailers, significantly lower than the US tariffs. This decision impacts consumers by providing cheaper access to fast fashion, while President Trump's reduced tariffs and $100 fee on US imports are causing price hikes and longer wait times. Experts warn this policy shift could hurt lower-income households reliant on affordable imports, illustrating tensions in international trade dynamics between the EU and the US.
"Consumers will see higher prices and potentially longer shipping times as Shein and others move from direct shipping to sending volumes of goods in containers to the USA to be re-sent from their USA-based warehousing."
"The pain will be suffered by lower-income households who relied on small parcels from abroad to stretch the family budget. This will harm a lot of people who belong to Trump's political base. It makes no sense."
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