Trump announces new US tax agency

The president-elect wants to set up an ‘External Revenue Service’ to collect tariffs

The US will establish an ‘External Revenue Service’ to collect tariffs and duties from foreign imports, President-elect Donald Trump has said.

Trump campaigned on generating government revenue by levying tariffs on overseas goods, the way the US did before introducing the income tax in 1913.

“I am today announcing that I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs...