Trump announced the creation of a new agency to collect income from foreign sources

US President-elect Donald Trump has announced that he will create a new government agency called the External Revenue Service to collect duties, taxes and all income from foreign sources. This is reported by Reuters, writes UNN.

Details

Trump said he plans to create the agency on January 20, the day he officially takes office for a second term.

Through soft and shamefully weak trade agreements, the American economy has provided growth and prosperity for the world, while we have taxed ourselves. Time to change that. We will begin to make those who profit from us in trade finally pay their fair share,

Representatives of Trump’s transition team have not yet commented on how the new agency will operate. Trump also did not specify whether this structure would replace the functions of the US Customs Service (Customs and Border Protection), which currently collects duties, fees and fines, or the functions of the IRS to collect taxes from foreign corporations and individuals.

For reference

It is noted that more than 100 decrees are being prepared for President-elect Donald Trump to sign from the first day of work in the White House. They will concern issues of border security, deportations and a number of other political priorities.

We will remind

Elon Musk will head the new Department of Government Effectiveness (DOGE) and get an office in the White House complex. The project is aimed at reducing government spending in the Trump administration.