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Trump says he'll create an 'external revenue service' on Day One to help collect tariffs and revenue from other countries
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
Trump floats creating ‘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 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.
Trump proposes ‘External Revenue Service’ to tax foreign sources
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
1d
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 ...
2h
FirstFT: Stock investors flee emerging markets as Trump threatens tariffs
Outlook: Investors are still not pricing in enough risks in emerging markets from the fallout of a new US-China trade war, ...
10h
Metals, Oil Surge in US as Traders Bet Higher Chance of Tariffs
US prices of metals and oil are surging above their international counterparts as traders increase bets President-elect ...
1d
Tariffs Failed Before And Will Hurt American Energy Companies
Donald Trump promises to impose tariffs on the European Union if it does not purchase American-produced liquefied natural gas ...
16h
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 ...
2h
on MSN
Reckitt Aims to Boost US Production as Risk of Tariffs Looms
Reckitt Benckiser Plc, which imports more than two-fifths of the products it sells in the US, is aiming to boost production ...
1d
The Case For Trump's Tariffs
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.
22h
US tariffs may lead ratesetters to fight wrong war
When Donald Trump pledges in next Monday’s inauguration to “faithfully execute the office of President of the United States”, ...
2d
on MSN
If Trump goes big on tariffs, lawsuits are likely to follow
If Trump decides to declare a national economic emergency to impose a series of universal tariffs, his trade plans could ...
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 ...
14h
Trump’s Tariffs: 4 Industries That Might Be Most Impacted
President-elect Donald Trump really loves tariffs. So much so that he has said that he will impose 60% tariffs on Chinese ...
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