It just takes one or two countries to say kiss off and their economies will flourish as companies move operations there.
+
And how binding are these agreements?
And Biden is still part of G-20.
Another verification that it's all about money and the USA is the biggest sucker.
I personally think this agreement could be a step in the right direction, provided that they don’t muck it up. As much as I hate the effort to take the unsustainable California boom/bust empty virtue-signalling unkind “niceness” worldwide, the fact remains that these are American companies. There is just too much we don’t know I think.
“The G-7 ministers agreed in principle to a global minimum tax rate of 15% for multinational companies in each country they operate in.”
Does this include China and India or do they just want the US to cough up the $$$.