EU finance ministers back tariffs on small parcels from non-EU retailers like Shein and Temu—an overhaul meant to protect local businesses, restore fair competition, and plug major tax losses as billions in ultra-cheap goods flood Europe.

Chinese e-commerce powerhouses Temu and Shein are expected to dominate this year’s Black Friday sales in Greece, leaving local retailers worried about unfair competition and shrinking profits

Roughly 8 percent of all parcels arriving in Greece now come from China, predominantly from AliExpress, with Temu and Shein close behind.

The European Commission has sent an official information request to ecommerce site Temu, asking for information on what measures it has taken to stop the trade of illegal products on its site