Trump Unveils 'External Revenue Service' to Collect Billions in Tariffs from Foreign Countries

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How Trump's proposed 'External Revenue Service' could be deployed to ... newsweek.com
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Trump's Proposal for External Tariff Service bankrate.com
What Trump's External Revenue Service Means For You - Bankrate
  • Wednesday, 02 April 2025

President Trump proposed an "External Revenue Service" that could collect billions from foreign countries forced to pay new tariffs, following a "Liberation Day" event where he imposed steep tariffs on China, the EU, Vietnam, Taiwan, and many other countries. He announced tariff rates ranging from 20% to 46%, saying it's a historic day for the country.

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