Listen: Why is the EU introducing a new €2 charge on parcels?

Starting this Sunday, the EU will implement a €2 tax on parcels from outside the bloc, adding to the previously established €3 charge on small parcels. This new tax applies to all product categories in a parcel, aiming to increase customs revenue and enhance safety checks. The previous €3 charge was introduced to address the influx of low-value parcels, which were exempt from customs duties. The EU hopes that higher costs will discourage consumers from purchasing cheaper Chinese products, thus supporting local businesses. Initial data shows a significant drop in small parcel volumes since the introduction of the €3 charge, indicating the measures may be effective in shifting consumer behavior.