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India and the UK are working on a "unique and creative solution" to tackle challenges arising from Britain's recent steel safeguard measures.
India and the UK are developing a 'unique and creative solution' for the UK's new steel tariffs.
KEY POINTS
- The UK's steel safeguard measure imposes a 50% tariff on imports exceeding new quotas from July 2026.
- Finalizing the CETA is delayed due to unresolved issues regarding Indian steel exports to the UK.
- The CETA agreement is fully legislated in both countries and only awaits decision on the activation date.
COMPANIES
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