Trump plans to create an ‘External Revenue Service’ agency to collect tariff income
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Trump said he would create the department on the day he takes office as president for a second term, adding that Americans have been taxed for too long by the Internal Revenue Service.
President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service “to collect tariffs, duties, and all revenue” from foreign sources as he readies new import tariffs ahead of his inauguration next week.