India's quest to become a major iPhone manufacturing hub has encountered a significant obstacle. The US has imposed "reciprocal tariffs" on over 180 countries, including India, which has been slapped with a 26% tariff. Although this rate is lower than China's 54% and Vietnam's 46%, Indian officials are still concerned about the impact on the country's electronics manufacturing sector. The US is India's largest trading partner, accounting for 18% of total goods exports. The 26% tariff could severely affect electronics shipments, profitability, and supply chains. Per a Doordarshan news report, Ashok Chandak, President of the Indian Electronics and Semiconductor Association (IESA), stated that the tariff regime poses a significant challenge to India's exports. “The 26 per cent tariffs imposed by the US present a significant challenge to India's exports... While India is better positioned than many other economies, these tariffs can potentially impa...
Jose Mourinho threw his future as Roma manager into further doubt on Wednesday, saying he was "too tired" after the bitter pain of losing his first major European final to Sevilla. The Spanish team triumphed 4-1 on penalties after the game in Budapest finished 1-1, with Paulo Dybala 's opener cancelled out by an own goal from Roma defender Gianluca Mancini. Such a defeat is a new experience for Mourinho, 60, who had won all five of his previous major European finals, including last year's inaugural UEFA Conference League final with the Italian side. Mourinho's disappointment was visible from the fact that he threw away his runners-up medal into the crowd. @El_Futbolesque pic.twitter.com/3pdVSfCDgA — @El_Futbolesque (@Elfutbolesque2) May 31, 2023 "I'm too tired to do the job as a trainer, as a spokesman of the club, to fight every time," he said in the immediate aftermath of the defeat. Mourinho told reporters that questions over his future we...