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Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue

14 January 2025
in World
Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue
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President-elect Donald Trump announced plans to create an “External Revenue Service” to collect tariffs, duties, and revenue from foreign sources, without providing further details. Trump criticized relying on the Internal Revenue Service (IRS) to tax Americans and highlighted the need to charge foreign entities that benefit from U.S. trade, emphasizing the importance of fair contributions.

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Tags: 039ExternalBreaking News: PoliticsBusinessbusiness newscollectCreateDonald J. TrumpDonald TrumpforeignForeign policyGlobal tradehe039llnational securityPoliticsrevenueService039TariffsTaxestradeTrump
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