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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
Why Are Countries Pushing for a Global Minimum Tax?
March 17, 2022 7:46 pm (EST)
- Explainer Video
A global tax agreement has been signed by 136 countries that will require corporations to pay a minimum tax rate of 15 percent. The deal would end decades of competition between governments to attract foreign investment. Here’s why some economists are pushing for the reform and why others support lower corporate taxes.
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CFR experts discuss President Joe Biden’s decision to increase tariffs on various Chinese imports and the implications for the U.S. economy and U.S.-China relations.
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