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UK officials are hopeful the Trump administration will ease domestic-production rules to finalize a trade deal lowering US tariffs on British steel. The UK wants steel processed from European imports to qualify as British under US tariff rules.
- UK seeks US approval to classify European-imported steel processed locally as 'British' for tariff benefits.
- The proposed change could significantly aid Tata Steel UK and similar manufacturers reliant on imported materials.
- A successful deal would mark progress in resolving long-standing trade disputes between the UK and US.
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