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Al Jazeera

Politics

Trump announces ‘external revenue service’ to collect foreign tariffs

Donald Trump United States Canada China Deficit Mexico

Shipping containers are stacked on a pier at the Red Hook Terminal in Brooklyn, New York [File: Brendan McDermid/Reuters]

United States President-elect Donald Trump has announced his intention to create a new department called the “External Revenue Service”, designed to collect “tariffs, duties, and all revenue” from foreign sources.

In a post on his platform Truth Social, Trump said that he would establish the new department as soon as he takes office on January 20.

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