U.S. President Joe Biden started an eight-day European tour, to rebuild trans-Atlantic relations strained during the Trump era and to reframe ties with Russia.
Biden is set to participate in the G7 summit scheduled to be hosted in the UK next Friday, and hold talks with his Russian counterpart Vladimir Putin in Geneva on June 16.
The global minimum tax on multinational corporations top the G7 summit agenda, according to Reuters.
G7 finance ministers agreed before the summit to pursue a global minimum tax rate of at least 15% and to allow market countries to tax up to 20% of the excess profits - above a 10% margin - generated by about 100 large, high-profit companies.
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