A 15 percent minimum tax rate would generate $150 billion in additional tax revenue each year, the Organization for Economic Cooperation and Development said.
Tag Archives: Group of Seven
France and U.S. Agree on the Perils of a Rising China, Blinken Says
After meeting with President Emmanuel Macron of France, who says Europe should be less dependent on U.S. leadership, Secretary of State Antony Blinken told The Times they see eye to eye on key issues.
Boris Johnson’s ‘Global Britain’ Makes Shaky Start at G7 Summit
The prime minister’s plan to introduce his vision of a nimble, trade-savvy U.K. was upended by a spat over Northern Ireland.
Jill Biden Models Love and Sustainability at the G7
In her debut international trip as first lady, Dr. Biden played her part with style. Literally.
G7 Nations Take Aggressive Climate Action, But Hold Back on Coal
President Biden pushed climate action after four years in which Donald Trump rejected cooperation with allies. But leaders failed to set an expiration date for burning coal.
G7 Leaders Offer United Front as Summit Ends, but Cracks Are Clear
Biden and other Western leaders had tough words for Russia and China after wrapping up a meeting in England, but they had trouble finding common ground on some big issues.
In Pictures: President Biden’s Trip to Europe
The president is in Cornwall, England to meet with other leaders of wealthy democracies.
Angela Merkel Makes a Low-Key Farewell at the G7 Summit
The German chancellor, known for her commitment to compromise, is eager to revive deal-making on multilateral policy, joining the world’s top democratic leaders one last time. Can she be replaced?
Cameras Off: G7 Summit Heralds the Return of In-Person Diplomacy
Summit meetings are always full of prepackaged “deliverables,’’ but stage management always works better when there’s an actual stage.
Question Looms Over This Year’s Group of 7: Where Are All the Protesters?
It’s challenging it is to be an activist this year, what with the pandemic, a hermetically sealed summit and a new American president who is hard to get too worked up over.
Boris Johnson Is a Terrible Leader. It Doesn’t Matter.
Britain’s prime minister is slapdash, venal, incompetent — and unassailably popular.
Biden Says U.S. Will Donate 500 Million Vaccine Doses for Poorer Countries
“When we see people hurting and suffering anywhere around the world, we seek to help any way we can,” Mr. Biden said in a speech in England, ahead of the meeting of the Group of 7 wealthy democracies.
Eighty Years Later, Biden and Johnson Revise the Atlantic Charter for a New Era
The original was the work of Churchill and Roosevelt at the dawn of World War II. The new version pledges cooperation against 21st century global challenges and rivalries.
Dreaming of ‘Global Britain,’ Johnson Is Attacked for Cutting Foreign Aid
As Prime Minister Boris Johnson prepares to host the Group of 7 meeting, he faces a battle over efforts to cut foreign aid by a third to help make up for the costs of fighting the coronavirus.
U.S. and Europe Look for Tariff Cease-Fire as Biden Heads Overseas
The Biden administration is trying to ease trade tension with allies, in part to help counter China.
Biden Aims to Bolster U.S. Alliances in Europe, but Challenges Loom
The good will President Biden brings on his first trip abroad papers over lingering doubts about U.S. reliability and the cost that Europe will be expected to pay.
Global Tax Deal Reached Among G7 Nations
The Group of 7 nations reached an agreement over a global minimum tax that companies would pay regardless of where they are based.
Global Finance Leaders Start Talks for Tax Overhaul
The overhaul under discussion includes a minimum tax that companies would pay regardless of where their headquarters were.
U.S. Backs Global Minimum Tax of at Least 15% to Curb Profit Shifting Overseas
The Biden administration wants other countries to back a minimum tax as part of its plan to raise the U.S. corporate tax rate to 28 percent from 21 percent.
Blinken and G-7 Allies Turn Their Focus to ‘Democratic Values’
A growing global competition with China and Russia looms over a gathering of foreign ministers in London.
Blinken Will Visit Ukraine in Show of Support Against Russia
The secretary of state will first meet with British officials and other American allies in London.
Trudeau Was a Global Climate Hero. Now Canada Risks Falling Behind.
Canada is the only G7 nation whose greenhouse gas emissions have increased since the Paris agreement. The main reason: its oil sands.
Europe Wonders if It Can Rely on U.S. Again, Whoever Wins
America’s deeply polarized politics have marked foreign policy, too, undermining Washington’s authority and reputation for reliability.
Can Biden Fix What Trump Broke?
E.U. leaders are still learning to navigate a world ever more dangerous for them, while relations with the United States grow more and more awkward.
Why Does Trump Put Russia First?
It’s exceedingly difficult to believe that no one told the president about the intelligence on Russian efforts to harm Americans in Afghanistan.
Trump Plans to Withdraw Some U.S. Troops From Germany, a Key NATO Ally
The plan is a further blow to America’s weakening European alliances and likely to be welcomed by President Vladimir V. Putin of Russia.
Embattled at Home, Trump Finds Himself Isolated Abroad, Too
After years of snubs and American unilateralism, European allies have stopped looking to the president for leadership, and are turning their backs on him.
Trump and Putin Discuss Russia’s Attendance at G7, but Allies Are Wary
The British and Canadian governments oppose admitting Russia into the bloc, as President Trump continues a renewed courtship of Russia’s leader.