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The NEW "External Revenue Service"
4 months ago
21
Donald Trump Announces "External Revenue Service" for Tariffs | Vantage with Palki Sharma
Donald Trump has promised to impose sweeping tariffs on allies and adversaries alike. These tariffs will drive up the price of imported goods. Trump says foreign nations will pay the tariffs. He has announced that he will create a new government agency called the "External Revenue Service", which will come into being on January 20. But is the name "External Revenue Service" just a case of good marketing? Because tariffs are paid by importers, not the exporting nation.
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