diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index f0f66343c..db4d487ea 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -196,33 +196,33 @@
     </Dependency>
   </ProductDependencies>
   <ToolsetDependencies>
-    <Dependency Name="Microsoft.DotNet.Arcade.Sdk" Version="7.0.0-beta.22327.2">
+    <Dependency Name="Microsoft.DotNet.Arcade.Sdk" Version="7.0.0-beta.22354.1">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>a264eb13fea14125f3ef8d4056586cd66fa55309</Sha>
+      <Sha>66cb5f1f50059cbafe25d1b75a1adbbced840d85</Sha>
       <SourceBuild RepoName="arcade" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.CMake.Sdk" Version="7.0.0-beta.22327.2">
+    <Dependency Name="Microsoft.DotNet.CMake.Sdk" Version="7.0.0-beta.22354.1">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>a264eb13fea14125f3ef8d4056586cd66fa55309</Sha>
+      <Sha>66cb5f1f50059cbafe25d1b75a1adbbced840d85</Sha>
       <SourceBuild RepoName="arcade" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.Build.Tasks.Installers" Version="7.0.0-beta.22327.2">
+    <Dependency Name="Microsoft.DotNet.Build.Tasks.Installers" Version="7.0.0-beta.22354.1">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>a264eb13fea14125f3ef8d4056586cd66fa55309</Sha>
+      <Sha>66cb5f1f50059cbafe25d1b75a1adbbced840d85</Sha>
     </Dependency>
     <Dependency Name="Microsoft.SourceBuild.Intermediate.source-build-reference-packages" Version="7.0.0-alpha.1.22327.1">
       <Uri>https://github.com/dotnet/source-build-reference-packages</Uri>
       <Sha>993b067a1849e4884360b4548cbf74f0bfaa2f35</Sha>
       <SourceBuildTarball RepoName="source-build-reference-packages" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.SourceLink.GitHub" Version="1.2.0-beta-22325-02" CoherentParentDependency="Microsoft.DotNet.Arcade.Sdk">
+    <Dependency Name="Microsoft.SourceLink.GitHub" Version="1.2.0-beta-22353-01" CoherentParentDependency="Microsoft.DotNet.Arcade.Sdk">
       <Uri>https://github.com/dotnet/sourcelink</Uri>
-      <Sha>bef48cb62fb4341d5dcdc29d2d75b598cad389fd</Sha>
+      <Sha>39d159f2a663d836dc54704cfa74414be3e3338f</Sha>
       <SourceBuild RepoName="sourcelink" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.XliffTasks" Version="1.0.0-beta.22325.1" CoherentParentDependency="Microsoft.DotNet.Arcade.Sdk">
+    <Dependency Name="Microsoft.DotNet.XliffTasks" Version="1.0.0-beta.22328.1" CoherentParentDependency="Microsoft.DotNet.Arcade.Sdk">
       <Uri>https://github.com/dotnet/xliff-tasks</Uri>
-      <Sha>351ae3d0bc892fe4cdbab6f5f60052216514f935</Sha>
+      <Sha>ed12ca72fa781b3bdb1f4ca20bfc9467350e893c</Sha>
       <SourceBuild RepoName="xliff-tasks" ManagedOnly="true" />
     </Dependency>
   </ToolsetDependencies>
diff --git a/eng/Versions.props b/eng/Versions.props
index 85e2abfa6..7a559fd74 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -26,7 +26,7 @@
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependency from https://github.com/dotnet/arcade -->
-    <MicrosoftDotNetBuildTasksInstallersPackageVersion>7.0.0-beta.22327.2</MicrosoftDotNetBuildTasksInstallersPackageVersion>
+    <MicrosoftDotNetBuildTasksInstallersPackageVersion>7.0.0-beta.22354.1</MicrosoftDotNetBuildTasksInstallersPackageVersion>
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependency from https://github.com/dotnet/winforms -->
diff --git a/eng/common/init-tools-native.ps1 b/eng/common/init-tools-native.ps1
index 24a5e65de..8d48ec568 100644
--- a/eng/common/init-tools-native.ps1
+++ b/eng/common/init-tools-native.ps1
@@ -87,6 +87,7 @@ try {
         $NativeTools.PSObject.Properties | ForEach-Object {
           $ToolName = $_.Name
           $ToolVersion = $_.Value
+          $InstalledTools = @{}
 
           if ((Get-Command "$ToolName" -ErrorAction SilentlyContinue) -eq $null) {
             if ($ToolVersion -eq "latest") {
@@ -111,9 +112,10 @@ try {
             $ToolPath = Convert-Path -Path $BinPath
             Write-Host "Adding $ToolName to the path ($ToolPath)..."
             Write-Host "##vso[task.prependpath]$ToolPath"
+            $InstalledTools += @{ $ToolName = $ToolDirectory.FullName }
           }
         }
-        exit 0
+        return $InstalledTools
       } else {
         $NativeTools.PSObject.Properties | ForEach-Object {
           $ToolName = $_.Name
diff --git a/eng/common/tools.ps1 b/eng/common/tools.ps1
index 395b43eeb..9638c63c7 100644
--- a/eng/common/tools.ps1
+++ b/eng/common/tools.ps1
@@ -635,7 +635,7 @@ function InitializeNativeTools() {
         InstallDirectory = "$ToolsDir"
       }
     }
-    if (Test-Path variable:NativeToolsOnMachine) {
+    if ($env:NativeToolsOnMachine) {
       Write-Host "Variable NativeToolsOnMachine detected, enabling native tool path promotion..."
       $nativeArgs += @{ PathPromotion = $true }
     }
diff --git a/global.json b/global.json
index b05d836e3..c7d60c667 100644
--- a/global.json
+++ b/global.json
@@ -1,6 +1,6 @@
 {
   "tools": {
-    "dotnet": "7.0.100-preview.2.22153.17",
+    "dotnet": "7.0.100-preview.5.22307.18",
     "runtimes": {
       "dotnet": [
         "$(VSRedistCommonNetCoreSharedFrameworkx6470PackageVersion)"
@@ -11,7 +11,7 @@
     "cmake": "3.16.4"
   },
   "msbuild-sdks": {
-    "Microsoft.DotNet.Arcade.Sdk": "7.0.0-beta.22327.2",
-    "Microsoft.DotNet.CMake.Sdk": "7.0.0-beta.22327.2"
+    "Microsoft.DotNet.Arcade.Sdk": "7.0.0-beta.22354.1",
+    "Microsoft.DotNet.CMake.Sdk": "7.0.0-beta.22354.1"
   }
 }