Trump says he will create new agency to collect revenue from foreign sources
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.
"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.
A spokesperson for Trump's transition team could not be immediately reached for comment to clarify Trump's statement or explain how the new agency would work.
Trump did not specify whether the new agency would replace collections of tariffs, duties, fees and fines by U.S. Customs and Border Protection or collection of taxes on foreign corporate and individual income by the IRS.
