trade war latest

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May 6th, 2021 – 08:00 GMT

The International Monetary Fund (IMF) urged countries late on Tuesday to agree on an “urgently needed” global corporate income taxation, warning that its absence could lead to a chaotic tax or trade war without global rules. “We are particularly optimistic for a global agreement on corporate income taxation in 2021,” said Kristalina Georgieva, the fund’s chief, during a virtual book launch. She said the entire world was facing two devastating …