US President Donald Trump has declared his intention to create a new state agency called External Revenue Service. The main task of the new structure is to collect duties, taxes and other income from foreign sources. Trump plans to announce the creation of the agency on January 20 - on the day when the US presidential will officially take the second time.
In his statement on the Truth Social platform, Trump criticized existing trade agreements, calling them "soft" and working for the benefit of other states, but not in favor of the United States. "The US economy has provided growth and prosperity for the whole world, while we have taxed ourselves. It is time to change it," he said.
Trump also added that the new agency is aimed at achieving a fair allocation of financial burden: "We will start forcing those who earn us in trade, finally to pay our fair share."
At the moment, Trump's transition teams have not specified how External Revenue Service will function. The question remains whether the new agency will replace the Customs and Border Protection or State Tax Service (IRS), which are already engaged in the collection of duties and taxes from foreign corporations and individuals.
In addition to the creation of an "External Tax Service", Trump prepares more than 100 decrees that cover a wide range of issues - from borders to deportations and strategic political decisions. These initiatives are expected to become the basis for a new presidential course.
