The G7 has once again put multinationals’ profits over the interests of people - short news
Acceding to US demands to exempt its companies from an agreed global tax deal is morally and financially indefensible
The US Treasury just made a deal with the other G7 countries that global minimum taxes that were already agreed upon will not apply to American companies. The G7 governments caved under intense pressure from President Donald Trump and lobbying from multinationals in Washington, London, Brussels, and beyond – just as India, and now, sadly, Canada have caved on digital..
source: The Guardian - 02.07.2025