The British government is pursuing exemptions from U.S. section 232 tariffs on steel and aluminum exports via two tracks. The first is to help exporters including British Steel and Tata Steel to encourage their American customers to apply for product-level exemptions. The second is a governmental level national security interest pitch for a country-wide exemption. The latter is largely a moot point given that U.K. is remains bound by the overall EU policy. British exports accounted for 7% of EU shipments to the U.S. in 2017, led by stainless steel (8% of the EU total) and long steel (...