Global Tax Overhaul Endorsed by 130 Nations

The video discusses a global tax deal involving 130 countries, aimed at making multinational companies pay a minimum tax rate of 15%. The deal, celebrated by the White House, is expected to generate $150 billion in extra revenue for governments. It faces political challenges, particularly from countries like Ireland and Hungary, and requires approval from the G20 and US Congress. Implementation is targeted for 2023, but depends on overcoming political obstacles.

How does the new tax deal aim to address the issue of multinational companies like Amazon?

What are the political obstacles mentioned that could affect the implementation of the tax deal?