between global leaders at the g20 summit in rome. he said tangible progress has been made on climate change, the pandemic and the global economy, in part due to america s role in the negotiations. i m proud that g20 endorsed the global minimum tax. this is something the united states has been driving for for over a year, building momentum up to this achievement. this is an incredible win for all of our countries. instead of nations competing each other to attract investments by bottoming out corporate tax rates, this sets a minimum floor of 15% to ensure that giant corporations begin to pay their fair share, no matter where they re headquartered, instead of hiding profits overseas. we ve also agreed to establish a fund in the future for countries to draw on to help prevent, if necessary, and responded to the next pandemic, to prepare for the next time around. yesterday, together
instead of nations competing against investments by bottoming out corporate tax rates, this set a minimum 415% to ensure giant corporations pay their fair share no matter where they are headquartered instead of hiding profits overseas. we also agreed to establish a fund in the future for countries to draw on to prevent if necessary and respond to the next pandemic and prepare for the next time around. yesterday with prime minister johnson and merkel, president macron, we came together to reiterate our shared belief of diplomacy is the best way to prevent iran from gaining nuclear weapon we discussed to encourage iran for serious good faith negotiations. i also want to know even as i been here in rome as you might guess in selma you i suspect doing the same thing, american
against one another to track investments by bottoming out corporate tax rates this set at minimum floor of 15% to ensure the giant corporations begin to pay their fair share no matter where they are headquartered instead of hiding profits overseas. we also agreed to establish a fund in the future that for countries can draw on to help prevent, if necessary and respond to the next pandemic, and prepared for the next time around. yesterday together with the prime minister johnson and merkel and mark ron, president mark ron, we came together to reiterate our shared belief that diplomacy is the best way to prevent iran from getting a nuclear weapon and we discussed how best to urge iran to return to serious negotiations and i also want to note that even as i ve been here in rome as you might guess and some of you might suspect are doing the same thing, american reporters, have been focused on the vital issues
separated? it looked like he heard me, no answer, and it is possible he s just not familiar with these reports. the president is celebrating taking one big step towards one big tax hike elaborating on why he and his foreign counterparts all agreed to go back home and push for a global minimum tax at 15%. right now it is 0%. not high enough for the traveling president. instead of nations competing against one another to track investments by bottoming out, corporate tax rates, this set of a minimum floor of 15% to ensure the giant corporations begin to pay their fair share no matter where they are headquartered instead of hiding, hiding profits overseas. the president admitted today the g-20 countries who came here to italy, representing 80% of the world s gdp didn t go as far as they could have in combatting
us presidentjoe biden has spoken about the result of talks between global leaders at the g20 summit in rome. he said tangible progress has been made on climate change, the pandemic and the global economy. i m proud to g20 endorse the global minimum tax, this is something the united states has been driving for for over a year, building united states has been driving for for overa year, building momentum up for overa year, building momentum up to this achievement by not say this is an incredible win for all of our country is. instead of nations competing each other to attract investments by bottoming out corporate tax rates, this sets a minimum floor of 15% to ensure that giant corporations begin to pay theirfair share, giant corporations begin to pay theirfairshare, no giant corporations begin to pay theirfair share, no matter where they re headquarters, instead of hiding profits overseas. should ve also agreed to announce a fund in the future for countries to draw on