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 new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.

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.

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

The president-elect announced the proposed agency on his social media platform writing that the U.S. “will begin charging those that make money off of us with Trade, and they will start paying."

President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House that will collect all foreign-sourced revenue, such as tariffs. “For far too long,

President-elect Donald Trump announced Tuesday that he plans to unveil a new External Revenue Service agency dedicated to enforcing significant tariffs and other revenues for foreign nations.

Donald Trump announced plans on January 14, to establish the External Revenue Service, a new agency aimed at collecting tariffs, duties, and revenue from foreign entities benefiting from trade with the US.

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.