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Trump, Internal Revenue Service
This is Donald Trump’s plan to collect all of those imposed tariffs
Related: Academy makes major change in supply amid Trump tariffs In other business headlines, President-elect Donald Trump wants to create a new department called the External Revenue Service. The sole purpose of this entity would be the collection of tariffs.
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.
Trump says he will create new agency to collect revenue from foreign sources
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.
Donald Trump Wants an 'External Revenue Service': What to Know
Donald Trump said he would create an "External Revenue Service" aimed at collecting tariffs and foreign revenue on January 20.
Trump Says He Will Create an 'External Revenue Service' Agency to Collect Tariff Income
President-elect Donald Trump says he plans to create a new agency called the External Revenue Service to collect tariffs and other revenues from foreign nations
Trump Says He’ll Create ‘External Revenue Service’ for Tariffs
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.
Trump says new tariff collection agency to be set up next week
U.S. President-elect Donald Trump said Tuesday he will set up a new government agency tasked with collecting revenue from tariffs. In a social media post, Trump said the agency, called the External Revenue Service,
China, Trump and Mexico
Trump’s China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give American companies a more even playing field.
US importers rush in goods from China as Trump tariff threat looms
U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers.
Trump's tariffs brought China and Mexico closer. Will his second term change that?
China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.
2h
Michigan Governor Warns Trump Tariffs on Mexico, Canada Could Harm US Auto Sector
(Reuters) - Michigan Governor Gretchen Whitmer on Wednesday warned that potential 25% tariffs on imports from Mexico and ...
2d
What If Trump Is Right About Tariffs?
American voters seem lukewarm about Trump’s tariffs. A recent survey by Quinnipiac University reported that 51 percent of ...
7h
Emerging Markets Face Further Losses on Trump Tariffs, UBS Says
Emerging-market equities and currencies are vulnerable to further losses as the recent selloff hasn’t fully priced in risks ...
Sourcing Journal on MSN
1d
Trump’s Proposed Tariffs Will Be Met With Retaliatory Duties, Trudeau Warns
The outgoing Canadian Prime Minister said Canada is ready to levy tariffs on a range of American-made products, and even ...
1d
Warning To Trump: Some Tariff Proposals Could Wreck The Economy
Will Trump tariffs be laser-focused, negotiating tools to reduce trade barriers and achieve other precise objectives, or will ...
1d
Mexican president might avoid Trump's 'day one' tariffs
U.S. President-elect Donald Trump sent shockwaves through global trade by threatening 25% tariffs on Mexico and Canada, ...
2d
on MSN
Trump’s ‘51st state’ comments a distraction from tariffs, Canada’s retaliation plans, Trudeau says
President-elect Donald Trump’s rhetoric around Canada becoming a 51st state is a distraction from the economic impact a trade ...
2d
on MSN
Canada’s Trudeau urges US consumers to consider the harm of Trump’s tariff threats
Canadian Prime Minister Justin Trudeau has suggested that President-elect Donald Trump’s remarks about Canada becoming ...
2h
on MSN
Tariffs, Farm Cuts, and 2 More Ways Food Prices Could Climb Under Trump
As president-elect Donald Trump prepares to take office within days, the policies adopted by his administration could have a ...
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