Tag #External Revenue Service

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cbsnews.com

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Apr 2, 22:16

Trump to Announce "External Revenue Service" for Tariff Collection

President Trump is considering launching an "External Revenue Service" to collect tariffs on low-value goods from China, potentially impacting American consumers with increased costs and raising questions about efficiency and bureaucratic overlap, as part of a broader trade strategy.

Trump to Announce "External Revenue Service" for Tariff Collection

President Trump is considering launching an "External Revenue Service" to collect tariffs on low-value goods from China, potentially impacting American consumers with increased costs and raising questions about efficiency and bureaucratic overlap, as part of a broader trade strategy.

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What are the immediate economic consequences of creating the External Revenue Service and imposing tariffs on low-value goods from China?

President Trump may announce the creation of an "External Revenue Service" to collect tariffs from foreign sources, potentially impacting American consumers through increased costs on low-value goods from China. This follows previous attempts to impose tariffs on these goods, which were partially reversed due to logistical challenges.

theguardian.com

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Jan 15, 01:07

Trump to Create "External Revenue Service" to Collect Tariffs

President-elect Donald Trump announced the creation of an "External Revenue Service" starting January 20, 2025, to collect tariffs and revenue from foreign sources, shifting the US's revenue generation from domestic taxes to tariffs, potentially impacting the US economy and foreign relations.

Trump to Create "External Revenue Service" to Collect Tariffs

President-elect Donald Trump announced the creation of an "External Revenue Service" starting January 20, 2025, to collect tariffs and revenue from foreign sources, shifting the US's revenue generation from domestic taxes to tariffs, potentially impacting the US economy and foreign relations.

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What are the immediate implications of Trump's plan to create an "External Revenue Service" to collect tariffs and revenue from foreign sources?

President-elect Donald Trump announced the creation of an "External Revenue Service" to collect tariffs and revenue from foreign sources, starting January 20, 2025. This new service aims to shift the burden of government revenue from domestic taxes to tariffs on foreign imports, potentially impacting international trade relations and the US economy.

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