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Good morning from the Financial Times. Today is Wednesday, July 3rd, and this is your F-T-News briefing.

Brussels plans to crack down on the likes of Timu and Sheehan, and Panama wants to stop the flow of migration coming from South America.

Plus Denmark will impose a tax on cows to control greenhouse gas emissions.

While it will also target sheep and pigs, we all know that cows are burpy

and that they generate a huge amount of methane through their digestive systems.

I'm Mark Filipino and here's the news you need to start your day. Chinese online retailers have become super popular for their cheap products

and the European Commission wants to slap import duties on these goods.

It's to slow down what they consider shoddy products from coming into

the block. Sources told the FT that the Commission will suggest this month getting rid of a threshold

that lets you buy anything under 150 euros duty-free.

Think t-shirts or stuffed t-bears.

The Commission already proposed this last year, but the upcoming prompt could speed things along.

And scrapping this 150 euro threshold could make a difference for the block.

Last year a little more than 2 billion of these types of items were imported into the EU.

Panama's new president, Jose Raoul Molino, made a huge announcement earlier this week.

He's going to try and close the Darien Gap.

That's the dangerous jungle crossing in Panama that a lot of migrants have been using to reach the United States.

And the move comes at a critical time.

Immigration is a top concern in the US presidential election.

Christine Murray has been reporting on the issue and she joins me now.

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