Trump announces puzzling new ‘External Revenue Service’ to collect tariffs, other foreign income - The man who wants to ...

President-elect Donald Trump on Tuesday said he will create an "External Revenue Service" to collect "Tariffs, Duties and all Revenue from Foreign sources." Trump did not give any further details ...

President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from ...

On Nov. 9, 2025, U.S. President Donald Trump announced on Truth Social that he would be sending $2,000 to each American except for "high income" earners, through funds obtained from "trillions" of ...

President Donald Trump on Nov. 9 said he wants to give most Americans a $2,000 payment funded from tariffs as he defended what's become one of his administration's signature policies. Mr. Trump touted ...

Federal tariff revenue soared to historic highs in fiscal year 2025, fueled by the Trump administration’s aggressive trade strategy, according to a new analysis from a leading fiscal watchdog. The ...

The Trump administration is arguing that tariffs aren’t primarily a tool to raise federal revenue, despite the president repeatedly touting the hundreds of billions of dollars the levies have brought ...

President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.

President Trump’s potential tariff rebate checks could cost twice as much as the revenue generated by his import taxes, according to an analysis released Monday. The president has floated sending ...

The national debt now stands at more than $38 trillion. The tariff revenue we rake in is just a drop in the bucket compared to that amount. The Trump administration has proposed using tariff revenue ...