Trump announces puzzling new 'External Revenue Service' to collect tariffs, other foreign income

Contributing sentiments towards policy:

63% : " Trump said the service will begin operations on Monday, when he will officially take office after an inauguration ceremony at the U.S. Capitol.
57% : U.S. Customs and Border Protection currently handles tariffs and collects the funds, along with other fees associated with imports.
56% : Trump announced the new agency in a Truth Social post Tuesday morning, contending that the U.S. has "relied on taxing our Great People using the Internal Revenue Service (IRS)" for "far too long.
51% : Right-wing podcaster Steve Bannon, a one-time White House strategist for Trump, pitched the idea early Tuesday at a conference run by Politico, insisting that the new agency would need to focus on much more than tariffs.
32% : Trump, who has vowed to shrink the government, would be adding an agency to do tasks already performed by other agencies.
32% : This announcement comes after Trump threatened to level 25 percent tariffs against Canada and Mexico, while China could face tariffs of an additional 10 percent.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.