Re:Global minimum corporate tax: 130 nations to support U.S....
by 8note on Thursday July 01, 2021 @08:52PM
(#27706760)
Countries are obligated to do business with the us.
Its called gunboat diplomacy
Re:Global minimum corporate tax: 130 nations to support U.S....
by clusterfish on Thursday July 01, 2021 @10:12PM
(#27707201)
When was the last time US used gunboat diplomacy to pressure a country into a multilateral agreement it didn't want to be part of?
Dollar & "cheap credit" diplomacy is more of a thing nowadays, and other powerful countries are doing it too (notably China)
Sovereignty goes both ways. No country is obligated to deal (allow trade or capital flows) with any other country they don't want to. If this agreement will even have such enforcement.