The United Kingdom is set to miss the July 9 deadline to finalize a trade deal with the United States concerning steel and aluminum tariffs. The current tariffs on UK steel and aluminum exports stand at 25%, with a risk of increasing to 50% if no agreement is reached. UK officials remain hopeful that the Trump administration will not immediately raise tariffs despite the missed deadline. Negotiations have been hindered primarily by disagreements over US domestic-production requirements. Meanwhile, the UK continues to press the US to drop this key sticking point to advance the trade deal. In parallel, India and the US are also engaged in trade negotiations involving tariffs on pharmaceuticals, technology levies including the so-called “Google tax,” and metals. However, sources indicate that an interim India-US trade deal is unlikely before August 1, with prospects dimming ahead of the tariff deadline. Both countries are attempting to address concerns about future tariffs and trade barriers as talks progress.