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US effective tariff rate falls to 7.4% as import mix shifts

US effective tariff rate falls to 7.4% as import mix shifts

Fitch says rate would have fallen to 8.4% from tariff changes alone, with electronics imports surging and China shipments dropping 43%

Asia
Israel army hit Gaza mosque, alleges Hamas operated from site

Israel army hit Gaza mosque, alleges Hamas operated from site

Israel's military says it struck a Gaza mosque used by Hamas as a weapons site, as ceasefire violence continues daily

Europe
Thousands crowd shelters as wildfires force mass evacuations in France and Spain

Thousands crowd shelters as wildfires force mass evacuations in France and Spain

Wildfires in France and Spain have forced over 300,000 people to evacuate, filling shelters as fires rage near Bordeaux and Madrid

Middle East
At least 20 killed in US-Saudi strikes in Iraq

At least 20 killed in US-Saudi strikes in Iraq

US-Saudi strikes on Iraq killed at least 20 Popular Mobilization Forces fighters and wounded 32 others, the paramilitary alliance said

North America
Trump says US to hit Iran 'hard' after attack on bases in Jordan

Trump says US to hit Iran 'hard' after attack on bases in Jordan

Trump says the US will hit Iran hard after a missile attack on American bases in Jordan, as the five-month war escalates