President Trump Announces Plant To Create “External Revenue Service” to Collect Tariffs, Duties, All Revenue From Foreign Sources

Donald Trump announces plan to create the ERS “External Revenue Service” to collect tariffs, duties, and all revenue from foreign sources. This is brilliant.

President Trump:

For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while taxing ourselves. It is time for that to change. I am today announcing that I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources. We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share. January 20, 2025, will be the birth date of the External Revenue Service. MAKE AMERICA GREAT AGAIN!

Trump will create External Revenue Service to collect revenue from foreign sources

By Reuters, January 14, 2025:

Jan 14 (Reuters) – U.S. President-elect Donald Trump said on Tuesday he will create a new department called the External Revenue Service “to collect tariffs, duties, and all revenue” from foreign sources.

Trump said in a social media post he would create the department on Jan. 20, the day he will be inaugurated as president for a second term.
“Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while taxing ourselves. It is time for that to change,” the Republican said in a post on Truth Social.

“We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share.”
Trump has pledged to impose big tariffs on the United States’ three largest trading partners – Canada, Mexico and China – including a 25% tariff on imports from Canada and Mexico until they clamped down on drugs and migrants crossing the border.

He has also vowed to impose tariffs of 10% on global imports into the United States, along with a 60% tariff on Chinese goods – duties that trade experts say would upend trade flows, raise costs and draw retaliation against U.S. exports.

The Trump transition team didn’t immediately respond to a request for comment on details of how the new agency would work.
(This story has been refiled to remove the extra word ‘says’ from the headline, and to add the missing word ‘to’ in paragraph 6)