Tata Steel has expressed concerns that it may lose tariff-free access to the US market under the recent UK-US trade agreement, jeopardizing over £150 million in annual exports. The company, which imports steel from its plants in India and the Netherlands for processing in the UK, risks violating US rules that mandate steel be “melted and poured” in the exporting country. UK officials are negotiating to secure a carve-out for Tata, emphasizing their commitment to protecting British businesses and jobs in the steel sector.
