Many developing countries have said their interests have been ignored and that wealthy nations were likely to continue dividing up the spoils of foreign direct investment.
Macron's abrasive style and willingness to go it alone indicate he'll struggle to fill Merkel's EU shoes, say senior diplomats.
The deal aims to end what U.S. Treasury Secretary Janet Yellen has called a "30-year race to the bottom on corporate tax rates" as countries compete to lure multinationals.
On paper, French presidential favorite Francois Fillon's free market plans to cut business taxes, relax labor laws and shrink the public sector should give corporate France a shot in the arm and boost economic growth. But his reforms are likely to come at the cost ...
