Donald Trump called for the creation of a new federal agency dedicated to collecting the tariffs he's threatening to impose on U.S. trading partners — but he was quickly taught there's already a government entity that does that.

US President-elect Donald Trump on Tuesday announced plans to establish a new government agency, the External Revenue Service (ERS), tasked with collecting tariffs, duties, and other revenues from foreign sources.

US President-elect Donald Trump on Tuesday announced his plans to create the External Revenue Service, a new body aimed at collecting tariffs, duties, and all revenue derived from foreign sources. Trump also criticised the current reliance on domestic taxes through the Internal Revenue Service (IRS) and emphasised the need for

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.

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 will begin charging those that make money off of us with Trade,

President-elect Donald Trump said he would create an “External Revenue Service” tasked with collecting tariffs on foreign imports, the latest indication that the Republican aims to carry out his promises for sweeping trade levies when he retakes office.

President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.