Indian exports face blow as US enforces steep new tariffs from Wednesday
Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation, Reuters reported.
Indian exports will face U.S. duties of up to 50% - among the highest imposed by Washington - after President Donald Trump announced extra tariffs as punishment for New Delhi's purchases of Russian oil.
The new duties will apply to goods entering the U.S. for consumption or withdrawn from warehouses for consumption from 12:01 a.m. EDT on Wednesday or 9:31 a.m. IST, according to the Homeland Security notice.
The Indian rupee weakened 0.2% to 87.75 per U.S. dollar in early trade, even as the greenback declinedagainst many other currencies. The benchmark equity indexesand were each trading 0.7% lower, according to Reuters.
Families leave Gaza City after night of bombardment, Israelis protest
More Palestinian families left Gaza City on Tuesday after a night of Israeli shelling on its outskirts, as Israelis launched a day of nationwide protests calling for hostages to be released and the war in Gaza to end, Reuters reported.
Residents said Israeli aerial and tank shelling continued throughout the night and early on Tuesday in the eastern Gaza City suburbs of Sabra, Shejaia, and Tuffah, as well as in Jabalia town to the north, destroying roads and houses.
"Earthquakes, we call it, they want to scare people to leave their homes," said Ismail, 40, a Gaza City resident.
The Israeli military has said its forces are operating in the area to locate weapons and destroy tunnels used by militants. Despite widespread protests at home and international condemnation, Israel is preparing to launch a new offensive in Gaza City, in what it describes as Hamas' last bastion, according to Reuters.
First human case of flesh-eating screwworm parasite confirmed in US
The first human case of a flesh-eating parasite infestation has been confirmed in the US, authorities say, BBC reported.
New World screwworm (NWS) myiasis was found in a patient who returned to the US from El Salvador, the Department of Health and Human Services said on Monday. The case was confirmed on 4 August.
NWS myiasis is a parasitic infestation of fly larvae, or maggots, caused by parasitic flies, according to BBC.
The pest primarily affects livestock, and authorities have said the risk to US public health was currently "very low".
Botswana declares national public health emergency
Botswana has declared a public health emergency as it faces a shortage of essential medicines and medical equipment, BBC reported.
President Duma Boko made the announcement in a televised address on Monday, setting out a multimillion-dollar plan to rectify the supply chain involving military oversight.
Managing the shortages would be "highly price sensitive due to our limited coffers", he told the nation.
The economy of Botswana, which has a population of 2.5 million, has been hit by a downturn in the international diamond market, as it is one of the world's leading diamond producers. This strain, further fuelled by US aid cuts, has seen high levels of unemployment and poverty, according to media reports, according to BBC.
