New Delhi, Feb. 13 -- The Donald Trump administration is reportedly taking a step back in terms of its tariff policies, as officials mull to narrow its broad tariffs on steel and aluminium products.

According to two separate reports by The Financial Times and Bloomberg, the US Trade Representative's Office is looking into ways the steel and aluminium tariffs could be rolled back.

Last year, US President Donald Trump had abruptly hit steel and aluminium imports as he raised the tariffs on them to as high as 50%, which has resulted in a rise in price of domestic machines made with those metals including washing machines and microwave ovens.

According to the Bloomberg report quoting a person familiar with the situation, the USTR office is...