Donald Trump has said he plans to establish an External Revenue Service (ERS) on his first day in office. The ERS represents a significant shift

WASHINGTON — 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.

The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.

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

The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.

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.

President-elect Donald Trump said he is going to create an “External Revenue Service” designed to focus on revenue capture from foreign countries through tariffs. Trump made the announcement on his social media platform on Tuesday.

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.

ToplinePresident-elect Donald Trump said Tuesday he hopes to create a new federal entity in charge of collecting revenue from his proposed import taxes upon his inauguration, signaling a further backing of Trump’s controversial tariffs,

Trump said on social media that the new department would be created on his first day when he takes office on January 20.

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.