<br><div><aside class="gnt_em gnt_em__fp gnt_em_vp__tp gnt_em__el" aria-label="Video - Biden credits 'compromise and consensus' to getting $1.75 trillion spending package"/><p class="gnt_ar_b_p">ROME – President <a target="_blank" href="https://eu.usatoday.com/story/news/nation/2021/10/28/trump-mexico-border-policy-adopted-biden/6128327001/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">Joe Biden</a> and some of the world’s most powerful leaders will open their first in-person summit in two years on Saturday with discussions on two of the world’s most pressing matters: the global economy and the coronavirus pandemic.</p><p class="gnt_ar_b_p">Leaders of the Group of 20, or <a target="_blank" href="https://eu.usatoday.com/story/news/politics/2021/10/29/biden-looks-ease-tensions-europe-g-20-summit/8453424002/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">G-20</a>, are expected to formally endorse sweeping changes to the international tax system and adopt a global minimum tax. The changes are intended to make sure large corporations pay their fair share and keep them from stashing profits in lower-tax jurisdictions.</p><p class="gnt_ar_b_p">Nearly 140 countries already have agreed to adopt a global minimum tax of at least 15%. But Saturday’s meeting would mark the first time the tax has been officially backed by G-20 leaders, who represent more than 80% of the world’s gross-domestic product and 75% of global trade.</p><aside aria-label="advertisement" class="gnt_m gnt_x gnt_x__lbl gnt_x__al"/><p class="gnt_ar_b_p">Biden is pushing a 15% minimum tax on corporate earnings to help pay for his ambitious package of climate change and social safety net proposals.</p><p class="gnt_ar_b_p">Global health concerns also will be on the agenda for Saturday’s session. G-20 leaders are expected to explore ways to prevent another pandemic like COVID-19, which has killed nearly 5 million people worldwide, including more than 743,000 Americans.</p><p class="gnt_ar_b_p"><strong class="gnt_ar_b_al">More:</strong><a target="_blank" href="/story/news/politics/2021/10/29/biden-looks-ease-tensions-europe-g-20-summit/8453424002/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">Biden looks to ease tensions with Europe, tackle climate change at global summits</a></p><figure class="gnt_em gnt_em_img"><img class="gnt_em_img_i" style="height:441px" data-g-r="lazy" src="https://www.gannett-cdn.com/presto/2021/10/28/USAT/1a3afdef-1926-488e-adae-30c95aa1cfab-AP_Biden_Abroad.jpg?width=660&height=441&fit=crop&format=pjpg&auto=webp" srcset="https://www.gannett-cdn.com/presto/2021/10/28/USAT/1a3afdef-1926-488e-adae-30c95aa1cfab-AP_Biden_Abroad.jpg?width=1320&height=882&fit=crop&format=pjpg&auto=webp 2x" decoding="async" alt="President Joe Biden"/></figure><p class="gnt_ar_b_p">In addition, Biden will meet on the sidelines with three European allies – German Chancellor <a target="_blank" href="https://eu.usatoday.com/story/entertainment/books/2021/10/26/chancellor-how-angela-merkel-became-worlds-most-powerful-woman/6087461001/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">Angela Merkel</a>, French President <a target="_blank" href="https://eu.usatoday.com/story/news/politics/2021/10/29/biden-tells-macron-u-s-clumsy-handling-nuclear-submarine-deal/8575179002/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">Emmanuel Macron</a> and British Prime Minister <a target="_blank" href="https://eu.usatoday.com/story/news/politics/2021/06/10/biden-boris-johnson-meet-easing-travel-atlantic-charter/7621821002/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">Boris Johnson</a>...</p></div> <style> .wrapper { text-align: center; } </style> <div class="wrapper"> <a class="button" href ="https://www.usatoday.com/story/news/politics/2021/10/30/g-20-covid-19-taxes-iran-nuclear-deal-bidens-day-1-agenda/6191340001/">Read more <span>➤</span></a> </div>
