Monopoly

That the US (specifically, Treasury Secretary Janet Yellen) cheered a few weeks ago when it managed to cobble together an international deal via the OECD - or at least a framework for said deal - to create a new global minimum corporate tax. The deal looks something like this. Countries like Ireland with among the lowest base corporate tax rates have agreed to raise them, and in exchange, the US will allow other countries to take a bigger piece of tax action from American multinationals - particularly tech giants like Facebook, Amazon and Google owner Alphabet.