Trump says he will create new agency to collect revenue from foreign sources

  • Posted on January 14, 2025
  • By AOL
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Trump says he will create new agency to collect revenue from foreign sources

(Reuters) -U.S. 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. Trump said in a social media post he would create the department on Jan. 20, 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. A spokespe
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