Live Yellen Pushes for Global Minimum Tax Rate on Companies: Live Updates RIGHT NOW Cruise ships won’t have to require vaccinations when they resume sailing, the C.D.C. Ms. Yellen plans to make the case for a global minimum tax during a speech to the Chicago Council on Global Affairs. “Competitiveness is about more than how U.S.-headquartered companies fare against other companies in global merger and acquisition bids,” Ms. Yellen said. “Over the last four years, we have seen firsthand what happens when America steps back from the global stage,” Ms. Yellen said. Under the Trump administration, the rate in the United States was cut from 35 percent to 21 percent.

Source: International New York Times April 05, 2021 11:45 UTC