President Donald Trump’s plan to build an “External Revenue Service” is stuck in limbo even as the White House mounts an aggressive trade war with Canada and other countries. On his first day in ...

President-elect Donald Trump plans to create an External Revenue Service to collect tariffs, duties and revenues from foreign sources, he said via social media on Tuesday. “I am today announcing ...

Robin Hartill is a Florida-based Certified Financial Planner and a longtime financial editor and writer. Her work regularly appears on The Motley Fool, Yahoo! Finance and Nerdwallet. Previously ...

(Getty Images) Last month, President Donald Trump announced a new "External Revenue Service" that would be tasked with collecting revenue from tariffs, and potentially replace the IRS as America ...

US President Donald Trump proposes replacing income tax with tariffs on imports from countries like Mexico, Canada, and China ...

The tax-collecting agency aims to achieve the massive reduction in its workforce through layoffs, attrition and buyout offers ...

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 ...

One of President Trump’s objectives over the next four years is to have US revenues from tariffs become so massive that the Internal Revenue Service is no longer needed, his commerce secretary ...

The Trump tariff proposal gives India an opportunity to overhaul and reduce its import tariffs, at least on those items which ...

President Donald Trump's plan to build an "External Revenue Service" is stuck in limbo even as the White House mounts an aggressive trade war with Canada and other countries. On his first day in ...

“His goal is to abolish the Internal Revenue Service and let all the outsiders pay,” Lutnick said to Jesse Watters on Fox News Wednesday, adding that the president’s planned “External Revenue Service” ...

Of course, Trump’s trade policy is so muddled that this observation isn’t very compelling. Economists on the left and right ...