He compared his planned creation to the Internal Revenue Service, which is the nation’s domestic tax collector.

The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.

The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.

President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans.

U.S. President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service "to collect tariffs, duties, and all revenue" from foreign sources as he readies new import tariffs ahead of his inauguration next week.

President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.

"For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS)," Trump wrote in a Truth Social post. "Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to ...

The president-elect's latest proclamation on Truth Social lacked details but appeared to reinforce his tariff plan