G7 excluding US discussed their stance on Trump tariffs, Italy says - Headlines news and analysis from Global Banking & Finance Review
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G7 excluding US discussed their stance on Trump tariffs, Italy says

Published by Global Banking & Finance Review

Posted on April 9, 2025

1 min read

· Last updated: April 9, 2025

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G7 Nations Deliberate on Trump's Tariff Announcement

ROME (Reuters) - The Group of Seven countries, with the exception of the United States, discussed how to respond to U.S. President Donald Trump's announcement last week of sweeping tariffs, Italy's economy minister said on Wednesday.

"Within the G7 all of us outside the U.S. spoke to try to calm the situation and find a way to bring the Trump administration to the table and to a reasonable position," Giorgetti told reporters in Rome.

He added that Italy welcomed Trump's announcement on Wednesday that he had suspended many of the tariff hikes for 90 days.

(Reporting by Giuseppe Fonte and Angelo Amante, writing by Gavin Jones)

Key Takeaways

  • G7 countries, except the US, discussed Trump's tariffs.
  • Italy's economy minister highlighted efforts to calm tensions.
  • Trump's tariff hikes are temporarily suspended for 90 days.
  • G7 aims to bring the US to a reasonable negotiation table.
  • Italy supports Trump's temporary suspension of tariffs.

Frequently Asked Questions

What is the main topic?
The main topic is the G7 countries' response to US President Trump's announcement of tariffs, excluding the US.
What was Italy's response to the tariffs?
Italy welcomed the temporary suspension of tariff hikes and seeks to negotiate with the US.
What is the G7's goal regarding the tariffs?
The G7 aims to calm the situation and bring the US to a reasonable negotiation position.

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