The president elect announced plans to create an "External Revenue Service" to collect tariffs, duties, and all revenue from foreign sources.
Category
📺
TVTranscript
00:00More tariff news from Trump, the president-elect announced plans to create an external revenue
00:06service to collect tariffs, duties, and all revenue from foreign sources. He criticized
00:11the reliance on the internal revenue service, or IRS, for taxing Americans, stating that the
00:17U.S. has been unfairly burdened while benefiting the global economy.
00:22Trump claimed that weak trade agreements have allowed the American economy to prosper at the
00:26expense of American taxpayers. He vowed that this new agency would ensure foreign entities
00:33engaged in trade with the U.S. would pay their, quote, fair share.