Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested ...

What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS.

Trump by no means forgot about tariffs, but he stopped short of imposing them on his first day in office, instead buying some ...

Scott Bessent, a billionaire hedge fund manager, will lead President Donald Trump 's financial agenda as treasury secretary.

WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding ...

One glaring concern: Tariffs are already collected by an ... we have relied on taxing our great people using the Internal Revenue Service (IRS),” President Trump said in a post on Truth Social ...

American President Donald Trump has signed hundreds of executive orders — the highest number within the shortest period in US ...

Stephen Roach points out that the new US "External Revenue Service" would target their domestic importers, not foreign ...

Criticizing the nation’s reliance on domestic taxes through the Internal Revenue Service ... I will create the External Revenue Service to collect tariffs, duties, and all revenue from foreign ...

Tariffs will pay off our debt and ... Those taxes, collected by the Internal Revenue Service, ballooned in the following decades - as did the size of the state. Today the American federal budget ...

Consumer sentiment fell in January for the first time in six months, according to U-M survey. What's next as Trump creates ...