World Business Report

EU imposed €3 fee on small parcels in hit to Shein, Temu and AliExpres

8 min · 1. juli 2026
episode EU imposed €3 fee on small parcels in hit to Shein, Temu and AliExpres cover

Description

The European Union has introduced a customs charge of just over $3 on low value items bought outside of the bloc. We hear from the EU commission MP who explained us why these measures are so important. The US president Donald Trump made more than $1 billion last year, from business dealing in cryptocurrency. And the toxic pufferfish with razor sharp teeth that are invading the waters around Greece, causing a huge problem for the country's fishing industry. Presenter: Sarah Rogers Producer: Victoriya Holland Editor: Naomi Rainey

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episode George Johnson: 'He was extraordinary' artwork

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Pioneering entrepreneur George Johnson has died aged 99. We speak to Valerie Jarrett, American businesswoman, former Senior Advisor to the President of the United States, and chief executive officer of the Obama Foundation. She knew George Johnson throughout his life, and was a close friend. Russia has banned exports of diesel in order to avoid domestic shortages, after a flurry of attacks by Ukrainian drones on the nation's refineries. We take a look at what impact this is having on the country. The US military says it has carried out a second night of airstrikes on coastal targets, we get the reaction from the oil markets. Presenter: Leanna Byrne Producers: Rob Cave, Parisa Qurban, Aleeza Siddiq. (Picture credit: George E. Johnson, founder of Johnson Products Company, during the Harvard University Hutchins Center Honors W.E.B. Du Bois Medal Ceremony on November 4, 2025. / Photo by Erica Denhoff / Icon Sportswire via Getty Images)

8. juli 202626 min