Colombia set a 35% tariff on low-priced imported shoes, a move aimed at cheap Asian e-commerce like Shein and Temu and at protecting local makers.
Markets · Trade
—The measure. Colombia set a thirty-five per cent tariff on cheap imported shoes by decree on June 11.
—The trigger. It applies only when a pair’s declared price falls at or below set thresholds, mostly around seven dollars.
—The target. The thresholds land squarely on the ultra-cheap shoes sold through apps like Shein and Temu.
—The source. China supplied more than half of Colombia’s such imports last year, with Vietnam and Indonesia next.
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