'They will start paying': Donald Trump announces plans for of 'External Revenue Service' to collect foreign tariffs

President-elect Donald Trump has announced the creation of the External Revenue Service (ERS), a new agency focused on collecting tariffs and duties from foreign imports. Set to begin operations on January 20, 2025, the ERS aims to shift the financial burden from American taxpayers to foreign trade partners, emphasizing a fair share in trade contributions. While supporters see this as a move to boost U.S. revenue, critics warn of potential cost increases for consumers. #TrumpTaxAgency #ExternalRevenueService #USPolitics #Tariffs #TradePolicy #AmericaFirst #TaxReform #EconomicPolicy #USImports #GovernmentRevenue #Oneindia #OneindiaNews Also Read Is Donald Trump Behind the Historic Gaza Ceasefire Deal? A Look at His Peace Legacy :: https://www.oneindia.com/international/is-donald-trump-behind-the-historic-gaza-ceasefire-deal-a-look-at-his-peace-legacy-4042363.html?ref=DMDesc Gaza Ceasefire Talks: Trump’s Role In Securing Peace And Ending 15-Month Conflict :: https://www.oneindia.com/international/gaza-ceasefire-talks-trump-s-role-in-securing-peace-and-ending-15-month-conflict-4041909.html?ref=DMDesc Los Angeles Wildfires Rage On: Santa Ana Winds Intensify Destruction, Death Toll Climbs :: https://www.oneindia.com/international/los-angeles-wildfires-rage-on-santa-ana-winds-intensify-destruction-death-toll-climbs-4041769.html?ref=DMDesc ~HT.318~

President-elect Donald Trump plans to create an 'External Revenue Service' to collect tariffs on foreign imports, reaffirming his commitment to imposing trade...