Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Trump’s External Revenue Service: What this proposal for collecting tariffs could mean for you
President-elect Donald Trump plans to create an External Revenue Service. Here’s what that might mean for you.
Trump’s ‘External Revenue Service’ plan signals his tariff ambitions, if nothing else
Even if Donald Trump vastly expands the use of tariffs as president, it's unlikely he'll collect enough revenue to replace the more than century-old federal
What to Know About Trump’s Proposed ‘External Revenue Service’
The President-elect announced plans to create a new agency to collect tariffs and other revenues from foreign nations, though economists consider tariffs a mostly inefficient way for governments to raise money.
Trump floats creating ‘External Revenue Service’ for tariffs
President-elect Donald Trump said he would create an “External Revenue Service” tasked with collecting tariffs on foreign imports, the latest indication that the Republican aims to carry out his promises for sweeping trade levies when he retakes office.
Trump proposes ‘External Revenue Service’ to tax foreign sources
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
Biden’s Trade Chief Warns Trump Not to Rely on Tariffs for Revenue
President Joe Biden’s departing trade chief called President-elect Donald Trump’s idea of using revenue from tariffs to ...
Exclusive poll: For Trump, a strengthened hand but skepticism on tax cuts, tariffs
In a new USA TODAY/Suffolk poll, 31% of Americans feel "excited" about Trump taking office, 31% feel "afraid." ...
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Tariffs vs. Taxes: What Are the Differences?
Tariffs and taxes both generate government revenue but serve different purposes. Tariffs are fees on imported or exported goods, often used to influence trade by making foreign products less ...
Canadian minister warns that Americans will experience economic pain from Trump tariffs
Canada's energy minister came to Washington this week to warn U.S. lawmakers about President-elect Donald Trump's tariffs ...