The External Revenue Service Proposal Trump’s proposal includes the creation of a new agency,
the External Revenue Service (ERS), to oversee tariffs and foreign trade revenues. However,
establishing such an agency would require congressional approval. With Republicans controlling
both the House and Senate, the plan could gain legislative traction.
The initiative has raised questions about government expansion, as Trump—who has pledged
to reduce federal bureaucracy—would be forming an agency to handle duties already managed by
existing entities like the Commerce Department and U.S. Customs and Border Protection.
The proposed External Revenue Service would focus on collecting revenue from foreign sources,
distinguishing it from the current Internal Revenue Service, which handles domestic taxes.
Major Tariffs at the Core of Trump’s Economic Plan As part of his broader economic strategy,
Trump has proposed steep tariffs, including a potential 25% levy on imports from allies like Canada and Mexico and a 60% tariff on Chinese goods.
