US EditionTrump 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.
256 Articles
256 Articles
Donald Trump’s proposal to create a new tariff agency, the “External Revenue Service,” has alerted the governments of the U.S.’s main trading partners, including Mexico. This movement, announced with hype and saucers by the president-elect, is not simply an administrative restructuring; it is a potential paradigm shift in U.S. trade policy that could have significant repercussions on the Mexican economy. It is clear that the creation of this new…
Trump unveils plans for new gov't agency
President-elect Donald Trump revealed plans on Thursday to create an “External Revenue Service” to collect revenue, tariffs, and duties from other countries. In a Tuesday statement on Truth Social, Trump wrote, “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while taxin…
External Revenue Service? Trump Says He’ll Create Agency To Collect Tariffs
President-elect Donald Trump announced Tuesday that he plans to unveil a new External Revenue Service agency dedicated to enforcing significant tariffs and other revenues for foreign nations. Trump compares new agency to the Internal Revenue Service “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered growth a…
Trump Proposes External Revenue Service as House Republicans Seek to Abolish IRS
As Republicans aim to abolish the IRS, Trump proposes an External Revenue Service to collect tariffs and duties from foreign sources. ... The post Trump Proposes External Revenue Service as House Republicans Seek to Abolish IRS appeared first on The New American.
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