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U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar wi...
Shein says French consumers may face higher prices if the EU imposes handling fees and France enacts new penalties on fast fashion. The platform criticizes the lack of dialogue with authorities as pressure mounts on budget e-commerce models.
Shein has warned that shoppers in France could soon pay significantly more for their orders if proposed European Union and French regulations targeting low-cost online retailers are adopted.
Speaking to Sud Radio, Quentin Ruffat, Shein’s spokesperson in France, voiced concern over two key developments: an EU proposal to introduce a handling fee on e-commerce shipments entering the bloc, and a French bill that imposes penalties on fast-fashion products due to their environmental impact.
"Why tax us? Why not have a discussion, find a solution between public officials and e-commerce platforms?" Ruffat questioned during the interview.
Under the EU proposal, a €2 fee would be charged on each package shipped directly to a customer within the 27-member bloc, while a smaller €0.50 fee would apply to parcels processed through EU-based warehouses. The plan is widely seen as a blow to platforms like Shein and rival Temu, which have built global businesses by offering inexpensive goods and taking advantage of customs exemptions for low-value items.
Ruffat also cited the French bill, which was passed by the lower house of parliament in March and is seen as specifically targeting fast-fashion giants. He warned that by 2030, the combined effects of the EU fee and the French legislation could raise the price of Shein products in France by as much as €12 per item.
While the proposed EU measure still requires approval from member states and the European Parliament, France - one of the most influential voices in the bloc - has already backed the fee.
The European Commission previously announced it would end the exemption from customs duties for e-commerce packages valued under €150 by 2028. Meanwhile, the U.S. has also recently moved to tighten oversight by eliminating its "de minimis" rule, which had allowed duty-free entry for packages under $800.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
An Iranian tanker was hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf, the semi-official Iranian news agency Tasnim reported.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
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