G7 trade ministers meet in Paris; not expected to address US tariff threat
G7 trade ministers convened in Paris to discuss issues including critical minerals and cross-border commerce, but were not expected to address the latest US tariff threat on European vehicles. The meeting runs through May 6, 2026, alongside broader discussions on priorities set by the French presidency and ongoing US-EU tariff negotiations.
Why It Matters
The talks touch on key global trade tensions, supply chains for critical minerals, and the effectiveness of multilateral institutions, with potential implications for US-EU tariff policy and the broader world economy amid regional conflicts and energy market disruptions.
Timeline
5 Events
G7 summit Evian dates announced
The summit of Group of Seven heads of state and government is scheduled for June 15 to 17, 2026 in Evian, along the shore of Lake Geneva.
G7 trade ministers open meeting in Paris
G7 trade ministers opened a meeting in Paris to discuss issues including critical minerals; they were not expected to directly address the latest US threat to impose additional tariffs on European vehicles. The meeting runs through May 6, 2026. US Trade Representative Jamieson Greer was expected to meet EU Trade Commissioner Maros Sefcovic in Paris and to have a meeting with French Economy Minister Roland Lescure. France's junior trade minister Nicolas Forissier said Europeans would discuss Trump's threat, but not within the framework of the G7. An informal session hosted by France's business community on Tuesday featured Greer stating that the United States views trade policy as domestic policy and that US actions are unilateral but with willing partners; France's priorities as G7 host are complementary to US efforts.
Trump threatens to hike tariffs on EU cars and trucks
President Donald Trump said he would hike vehicle tariffs on cars and trucks from the European Union, accusing the EU of failing to comply with the deal.
EU lawmakers approve deal with conditions in late March 2026
In late March 2026, EU lawmakers gave their green light to the deal with Trump, but with conditions. It must still be approved by member countries.
Deal last summer to cap US tariffs on EU autos
The United States and European Union struck a deal last summer to cap US tariffs on EU autos and parts at 15 percent.