President-elect Donald Trump announced on Tuesday that he would create the \u201cExternal Revenue Service\u201d on the first day of his administration \u201cto collect our Tariffs, Duties, and all Revenue that come from Foreign sources.\u201d<\/p>\n\n\n\n
Trump revealed his plans for the External Revenue Service \u2014 not to be confused with the Internal Revenue Service (IRS) \u2014 on Tuesday in a Truth Social post.<\/p>\n\n\n\n
\u201cFor far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS),\u201d Trump began.<\/p>\n\n\n\n
\u201cThrough soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while taxing ourselves. It is time for that to change,\u201d he added.<\/p>\n\n\n\n
Trump then unveiled his plans for the new agency, emphasizing that it would charge those profiting from the U.S. via trade:<\/p>\n\n\n\n
I am today announcing that 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. January 20, 2025, will be the birth date of the External Revenue Service. MAKE AMERICA GREAT AGAIN!<\/p>\n\n\n\n
The External Revenue Service adds to the ambitious first day that Trump is eyeing for his administration on the policy front. Speaking at Turning Point USA\u2019s AmericaFest in Phoenix, Arizona, in December, Trump outlined much of his Day One agenda.<\/p>\n\n\n\n
Trump said<\/a> he plans to \u201csign a historic slate of executive orders to close our border to illegal aliens and stop the invasion of our country\u201d while simultaneously commencing a mass deportation operation of illegal aliens.<\/p>\n\n\n\n He also outlined plans for Day One executive orders ending \u201cchild sexual mutilation\u201d and to remove transgender ideology from the U.S. military and schools. He further said he would terminate \u201call Biden restrictions on energy production\u201d on his first day.<\/p>\n\n\n\n