Trump's 'External Revenue Service' Is a Public Relations Effort. It Won't Change How Tariffs Work.
Moments after taking office for the second time, President Donald Trump vowed to "tariff and tax foreign countries to enrich ...
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping ...
The New York Times6d
Trump’s Proposed Tariff Agency Raises Questions, and Confusion, for Experts
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.” By Ana Swanson Ana Swanson covers ...
Reuters5d
Trump push to use tariffs to pay for tax cuts faces opposition in Congress
WASHINGTON, Jan 22 (Reuters) - U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax ...
Austin American-Statesman6d
What are tariffs and who pays them? See Trump's proposed tax plan now that he's president
A tariff is a tax that a government imposes on goods imported from other countries. It is a type of trade regulation used to protect or generate revenue. Tariffs are not like income or sales taxes.
Trump says he'll create "External Revenue Service" to collect tariffs
President-elect Donald Trump says he'll establish a new federal agency to collect tariffs, duties and all other foreign revenue, seemingly carving out responsibilities that are currently handled by ...