G7 leaders failed to convince Trump to strengthen sanctions against Russia - Bloomberg

According to the outlet's sources, during the summit, Trump said that sanctions cost the US "a lot of money." He repeated this argument at the dinner, along with others he had previously made against tightening the restrictions.

Meanwhile, Canadian Prime Minister Mark Carney is expected to state in his post-summit declaration that the G7 "backs US-led peace efforts," that Ukraine "has shown it’s ready for a ceasefire," while Russia has not, and that Kyiv’s allies must continue pressuring Moscow through sanctions.

Sanctions against Russia

In early May, Republican Senator Lindsey Graham introduced a draft of "crushing" US sanctions against Russia. The bill was supported by a majority of senators.

It stipulates that the United States would impose 500% tariffs on countries that purchase oil, petroleum products, natural gas, or uranium from Russia.

However, The Wall Street Journal recently reported that the Trump administration is not satisfied with Graham’s bill. As a result, White House officials are seeking to significantly weaken its provisions.

One proposal is to give the US president the authority to decide who should be sanctioned. The administration has also suggested replacing all "shall" wording in the bill with "may."

Additionally, US President Donald Trump stated that he has his own internal deadline in mind for when to impose sanctions against Russia.