President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House that will collect all foreign-sourced revenue, such as tariffs.
“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,” Trump wrote on Truth Social.
“I am today announcing that I will create the EXTERNAL REVENUE SERVICE [ERS] to collect our Tariffs, Duties, and all Revenue that come from Foreign sources.”
Trump, 78, has already threatened to raise tariffs on foreign countries that do not comply with his hardline immigration policies. The president-elect has singled out Mexico and Canada with threats of a 25% tariff, and has also said he will stop “business” with countries that refuse to take back illegal migrants who have been deported.
The Republican has also said he will levy a 10% to 20% tariff on all foreign goods and up to a 60% tariff on Chinese imports.
Hellbound and Down 