You are correct that technically this is true. The EU has proposed to eliminate the threshold [1] but in practice EU consumers have not seen the benefit of the de minimis practiced by the US: try and import goods below the threshold from outside the EU and you will be hit by a variety of fees [2], making it uneconomical for a consumer to buy anything from outside.

[1] https://copenhageneconomics.com/wp-content/uploads/2024/10/S...

[2] https://www.postnord.dk/siteassets/pdf/forretningsbetingelse...