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Photo: Janet Yellen, May 17, 2022 Janet Yellen, U.S. Treasury secretary, on Tuesday, May 17, 2022.

Treasury Secretary Janet Yellen’s success in securing the biggest global corporate-tax reform in decades risks flopping in her own country’s legislature, potentially sowing the seeds for renewed international tensions in coming years.

Heralded as a “historic agreement” when the two-part deal was reached last October, the framework would set a global 15 percent minimum tax rate and rewrite the rules for how countries divvy up taxing corporate profits.

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