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President Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to collect tariffs and other duties from foreign nations, but his plans have ...

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President-elect Donald Trump announced on Tuesday plans to establish a new agency called the "External Revenue Service" to collect money from foreign countries owed to the United States.

President-elect Donald Trump said Tuesday that he will create an “External Revenue Service” to collect revenue from tariffs, a signal of his determination to impose sweeping duties on imports.

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