President Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to collect tariffs and other duties from foreign nations, but his plans have ...

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The Associated Press notes that an act of Congress is required to create a federal agency. But there’s another issue: The proposed duties of the “ERS” ― collecting duties and revenue from other ...

“I am today announcing that I will create the EXTERNAL REVENUE SERVICE [ERS] to collect our Tariffs, Duties, and all Revenue that come from Foreign sources.” The incoming president added that ...

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President-elect Donald Trump said Tuesday he hopes to create a new federal entity in charge of collecting revenue from his proposed import taxes upon his inauguration, signaling a further backing ...