Either tariffs raise revenue from foreign imports or make imports expensive enough to protect domestic producers, not both.

aluminum and a 10% tariff on all goods coming from China. For a little over a month, Trump has been floating his “External ...

President Donald Trump announced a new “External Revenue Service” that would be tasked with collecting revenue from tariffs, ...

In the U.S., tariffs are collected by the Customs and Border Protection (CBP) agency, which is a subagency of the Department of Homeland Security. Trump has proposed creating an "External Revenue ...

Chuck Nunn grilled Republican senator Roger Marshall on DOGE cuts affecting veterans before the lawmaker made a beeline for the door.

And Trump promised shortly before being sworn in to his second term that he would create a new “External Revenue Service” on his first day in office to collect those tariff payments.

The fund is expected to be backed by revenue from the so-called External Revenue Service, an agency Trump wants to create to ...

TRUMP'S TREASURY SECRETARY SHUTS DOWN ANY TARIFF CONCERNS, PRAISES ‘FRICTIONLESS GLOBAL TRADE’ Last month, President Donald Trump announced a new "External Revenue Service" that would be ...

Donald Trump has looked at tariffs as a tool to raise revenue and offset costs associated with his proposed tax cuts.

President Donald Trump made headlines when he announced an External Revenue Service (ERS) agency to collect tariff incomes. The announcement sparked a heated debate among trade experts ...

aluminum and a 10% tariff on all goods coming from China. For a little over a month, Trump has been floating his “External Revenue Service” concept. The cleverly named new government office ...