Trump announced his intention to create the new federal department on Truth Social, writing: "I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources. We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share."

President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”

The president-elect's proposed new agency was mocked because it duplicates what's already being done by other government agencies.

President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House that will collect all foreign-sourced revenue, such as tariffs. “For far too long,

President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans.

U.S. President-elect Donald Trump has proposed the creation of a new agency known as the “External Revenue Service” to collect tariffs, duties, and other revenue from foreign sources. Trump

N.Y., introduced a bill to reallocate funds from Internal Revenue Service (IRS) enforcement to hiring U.S. Customs and Border Protection agents.

The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.

The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.

Trump, 78, has already warned that he will raise tariffs on foreign nations that fail to align with his strict immigration policies.

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.

The president-elect announced plans for a new “External Revenue Service,” to run parallel to the IRS, which was bizarre for reasons he ought to understand.