Thank you, Mr. Leitão.
Your question is essential, as it addresses a problem that is currently exploding in Quebec and Canada.
If you are sick, before taking medication, you will have a doctor assess your symptoms. The reason we are asking for a legal definition of ultra-fast fashion is that we need to give customs officers tools, for example, so they know which products to inspect. Hundreds of thousands, if not millions, of products arrive by plane at airports across Canada and around the world. So we have to be able to identify these products.
I'll give you an example. Temu manufactures 7,300 new products a day. That's ultra-fast fashion. Zara, which is also considered a fast-fashion company, manufactures 150 new products a day. So, it's clear that we are not talking about the same things. To be able to give customs tools, for example, we first need to be able to legally define ultra-fast fashion.
We're not alone in this. Europe is ahead. It has decided to impose taxes on these products. The United States, for its part, has decided to eliminate the de minimis threshold to regulate this very issue.
However, the first thing we need to do is determine exactly how to define this. Once we have that definition, we can envision working with customs and then begin identifying specific products.
Temu has 600,000 products priced under $30. Typically, inspections start between $20 and $30. So, if we don't have rules to define ultra-fast fashion, it's very difficult to—