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Trump says he’s creating ‘External Revenue Service’ for tariffs

  • President-Elect Donald Trump announced the creation of an "External Revenue Service" to collect tariffs and revenue from foreign sources.
  • Trump stated that the new service will begin on January 20, 2025, marking its "birth date."
  • He emphasized that foreign entities making money from trade will finally pay their "fair share."
  • Trump's announcement aligns with his campaign promise for an America-first trade policy, which includes imposing tariffs on imports.
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