That’s down from 25%. And it’s not a gift; it’s a legal workaround. After the Court killed his old tariff powers, Trump pivoted fast. He invoked a 1970s trade law (Section 122) to keep tariffs alive; but at a lower, temporary rate for India. Why? Because he says his deal with India is ‘on’ and his relationship with Modi is ‘fantastic.’ Meanwhile, New Delhi is already sending a delegation to Washington next week to lock in a long-term trade agreement. Big picture? This isn’t just about tariffs. It’s about how the US is trying to reshape global trade; legally, strategically, and quietly; while keeping India at the table. For Indian exporters, this could mean breathing room… for now.