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The Independent UK

Katie Hawkinson

Trump announces puzzling new ‘External Revenue Service’ to collect tariffs, other foreign income

Donald Trump Steve Bannon Tara Sinclair United States

President-elect Donald Trump has announced that he is creating a new “External Revenue Service” to collect tariffs and other foreign income.

Trump announced the new agency in a Truth Social post Tuesday morning, contending that the U.S. has “relied on taxing our Great People using the Internal Revenue Service (IRS)” for “far too long.”

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