Donald Trump wants an "External Revenue Service": What to know

Contributing sentiments towards policy:

68% : U.S. Customs and Border Protection (CBP) administers those regulations at U.S. ports of entry.
56% : Many people voted for change -- what felt good -- without fully considering how that change would play out in reality," he said.Billionaire hedge fund manager and Trump supporter Bill Ackman described Trump's tariff proposalson X, formerly Twitter, "as a weapon to achieve economic and political outcomes which are in the best interest of America, fulfilling his America first policy.
46% : While Trump has continued to be vocal in his plans to enforce the new tariffs once he returns to office in January, not all analysts expect the tariffs would get approved that quickly."Approval will depend on whether a bipartisan consensus can be reached in the House of Representatives," Thompson previously told Newsweek.
43% : Trump has since repeatedly threatened to impose substantial tariffs on key trading partners like China, Canada and Mexico in recent months, including a 25 percent tariff on imports from Canada and Mexico until they clamped down on drugs and migrants crossing the border.
41% : 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," Trump wrote on Truth Social.
36% : Trump centered his presidential campaign on his strong economic policies, often calling into question the Biden administration's impact on the United States economy and high inflation.
35% : "He added: "So far, Trump has simply warned of tariffs being imposed on countries that didn't make adjustments based on his demands, but if they're enacted, it certainly could impact the wallets of millions of Americans.
33% : Trump announced in a post on Truth Social on Tuesday that he will create an "External Revenue Service," comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans.
30% : According to Trump, who condemned the existing U.S. trade agreements and the country's reliance on income taxes for revenue, the new department will oversee tariffs and foreign revenue.
13% : "According to Trump, the 25 percent tariffs will not be implemented, or if implemented will be removed, once Mexico and Canada stop the flow of illegal immigrants and fentanyl into the U.S."Trump said he would create the department on January 20, the day he will be inaugurated as president for a second term.

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