Trump’s Bold Move To Launch External Revenue Service Targets Foreign Profits

President-elect Donald Trump is making major strides in his promise to rebuild the American economy by announcing the creation of the External Revenue Service (ERS). This newly proposed agency will focus on collecting revenue from foreign nations rather than taxing American workers.

Trump took to Truth Social to unveil the ERS, stating that the US has long suffered from unfair trade deals that enrich foreign countries at the expense of American taxpayers. The ERS, set to launch on January 20, will collect tariffs, duties and other revenue from international trade partners that profit from American markets.

As part of his strategy to put America first, Trump plans to implement tariffs of 10% to 20% on all imported goods and as much as 60% on Chinese products. He has also warned Mexico and Canada of a potential 25% tariff if they fail to comply with US immigration policies.

Currently, the responsibility for collecting tariffs falls on US Customs and Border Protection. Trump’s ERS would streamline this function, focusing solely on maximizing foreign revenue collection. Some have recommended housing the ERS within the Treasury Department for greater efficiency.

Supporters like economist EJ Antoni believe the ERS is a smart move that will ease the tax burden on American families. Antoni has praised the plan for shifting the focus away from income taxes and toward revenue generation through tariffs.

Trump’s creation of the ERS reflects his commitment to putting American interests first. By ensuring foreign nations pay their share, Trump is taking decisive action to reduce domestic taxation and promote economic growth.

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