President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...

Donald Trump proposes eliminating income tax in favor of a tariff-centric economic policy to increase American wealth. He ...

Trump said he would establish an external revenue service to collect all tariffs, duties and revenues and that it would lead ...

Understanding the extent to which companies will be impacted by tariffs involves knowing where they source their materials.

When it comes to Trump’s “America First” and “Make America Great Again” agenda of economic dynamism, tariffs are the odd ...

Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested ...

The US Customs Agency, established in 1789 under the US Department of the Treasury, has undergone significant transformations throughout its ...

President Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to collect tariffs and other duties from foreign nations, but his plans have ...

The second Trump Administration’s "America First Trade Policy" orders a comprehensive review of US trade and economic policies, focusing on trade deficits, unfair trade practices, and the impact of ...

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury ...

What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS. The short answer is no, not without congressional cooperation. Like other ...

Stephen S. Roach points out that the new “External Revenue Service” would target domestic importers, not foreign producers.