Acknowledging the complexity of negotiating with over 170 nations, Trump told reporters before departing for Iowa on Thursday ...

Since his first term in 2017, President Donald Trump’s trade policy has had two dimensions: one familiar, one unfamiliar. The ...

The labor market is showing signs of resilience, although slower job growth and higher unemployment rates are expected in the ...

Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

India-West News Desk WASHINGTON, DC – Donald Trump announced plans on January 14, to establish the External Revenue Service, a new agency aimed at collecting tariffs, duties, and revenue from ...

President-elect Donald Trump promised in a social media post to create an "External Revenue Service" to collect "Tariffs, Duties and all Revenue from Foreign sources." Trump did not give any more ...

The US President also said that the "External Revenue Service" — a reference to funding the federal government exclusively through import tariffs instead of the current model of collecting taxes ...

American taxpayers reported nearly $15 trillion in adjusted gross income in 2022, according to Internal Revenue Service data. Meanwhile, the U.S. imported roughly $3 trillion worth of goods that year.

American taxpayers reported nearly $15 trillion in adjusted gross income in 2022, according to Internal Revenue Service data. Meanwhile, the U.S. imported roughly $3 trillion worth of goods that year.

Around the same time, Republican Sen. Josh Hawley of Missouri added, “I love Trump’s idea to get rid of the Internal Revenue Service. Let’s make it the External Revenue Service.” ...