WASHINGTON — President-elect Donald Trump on Tuesday announced plans to create a new agency called the External Revenue Service to collect tariffs and other revenues from foreign nations. "We ...

President Donald Trump 's proposed 'External Revenue Service,' could be deployed in order to rake in money from foreign countries forced to pay his new whopping tariffs. The president held a ...

Whether the new External Revenue Service would fully assume those duties is unclear, and its establishment could undercut Mr. Trump's promise of shrinking the federal bureaucracy.

Trump added that next Monday, "January 20, 2025, will be the birth date of the External Revenue Service." He will be sworn in on Jan. 20 as president for a second term in the White House.

The irony in Trump’s proposed External Revenue Service is that the revenue wouldn’t be “external” at all. It would be internal because U.S. companies and individuals would pay the tax.

President Trump's proposal to replace the IRS with an External Revenue Service to collect tariffs and duties from foreign countries to enrich American citizens is not feasible as the IRS has never ...

The irony in Trump’s proposed External Revenue Service is that the revenue wouldn’t be “external” at all. It would be internal because U.S. companies and individuals would pay the tax. And the more ...

For this purpose, we are establishing the External Revenue Service to collect all tariffs, duties, and revenues. It will be massive amounts of money pouring into our Treasury, coming from foreign ...

What is the External Revenue Service? The External Revenue Service isn't an actual agency at this point. It's an idea Trump has floated multiple times in recent weeks. In an executive order issued ...