High number of "products that are unsafe, counterfeit or otherwise non-compliant leads to serious safety and health risks," the draft proposal said, per the FT.

The European Union is planning to crack down on foreign goods shipped by e-commerce marketplaces like Shein, Temu, and even Amazon, according to a draft proposal reviewed by the Financial Times.

The European Union will increase customs checks on goods shipped directly by ecommerce retailers like Temu and Shein to EU consumers as it seeks to ensure fair competition and product safety, according to a draft of an official communication seen by Reuters on Monday.