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Transcripts for BBCNEWS World Business Report 20211022 04:34:00

global economy since june. in fact, global economy sincejune. in fact, they were brought in but then immediately suspended with then immediately suspended with the hope there would be a deal reached but certainly, there were fears another mini trade war pretty large trade war, given there were 25% tariffs, corrupt. but certainly now that we have had this deal, but again is another small sign of progress and what is clear is that there is going to be this new regime brought in from 2023 is long, of course, as it is passed by congress. and what will happen is that any payments of tax made by the companies and maybe these tech giants which earn such a huge amount of money and where the focus really has been if there is an overpayment, it will be offset against what they owe in future years. of course yes, the sticking point, victoria, is congress certainly given the global agreement on this, it does look more likely than not

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