Home Economy External Revenue Service: Donald Trump now wants to create a new agency to collect revenue from foreign sources
Economy - January 15, 2025

External Revenue Service: Donald Trump now wants to create a new agency to collect revenue from foreign sources

External Revenue Service: Donald Trump now wants to create a new agency to collect revenue from foreign sources

Donald Trump announced he will establish the External Revenue Service to collect tariffs and revenues from foreign sources. This move comes as he prepares to introduce new import tariffs. Trump believes America has taxed itself for too long and aims to change this. There is currently no clarity on how the new agency will work.

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