The United Kingdom is set to miss the July 9 deadline to finalize a trade deal with the United States concerning steel and aluminium tariffs. The current agreement imposes a 25% tariff on UK steel and aluminium exports, which risks doubling to 50% if no deal is reached. Despite this, UK officials remain hopeful that President Donald Trump will delay raising the tariffs. Discussions have centered on modifying the US domestic-production requirements, a key obstacle in reaching an agreement. Recent reports indicate that American officials have tentatively agreed to proposals that would allow UK steel manufacturers to resume tariff-free exports, signaling progress in negotiations. UK representatives continue to push the US administration to remove this sticking point to secure a trade deal that would lower tariffs on British steel exports.