G7 Resists US Trade Sanctions Efforts Amid Ongoing Tariff Disputes with Trump Administration
Published on 5.22.25
The ongoing tariff disputes between the US and its major trading partners have put a strain on international relations within the Group of Seven (G7) nations. Japan is seeking to end new tariffs imposed by President Donald Trump, including a 10% baseline tariff on cars and car parts, and a 25% rate on steel and aluminum.
The G7 countries are negotiating a limited trade deal with the US that leaves them saddled with high tariffs on most goods. Japanese policymakers are considering proposals to gain US concessions, including increased imports of corn and soybeans, technical cooperation in shipbuilding, and revised inspection standards for imported cars.
Despite these challenges, the group aims to maintain a united front against US tariff impositions. The G7 ministers plan to discuss support for the International Monetary Fund and World Bank, as well as cooperation to fight money laundering and promote private sector growth.
A 90-day trade truce between the US and China may provide some relief to other countries facing US tariffs, but the G7's efforts to negotiate a limited trade deal with the US are ongoing.