Donald Trump collect revenue from foreign sources: Donald Trump will be sworn in as President of the United States on January 20. But even before taking oath, Trump seems quite active. He has also talked about imposing tariffs on countries like Mexico and Canada. He is very serious about increasing the tariff, which is why he has made a big announcement regarding it.
Trump will create a new ‘recovery’ department!
According to media reports, Trump will launch a new government department named External Revenue Service on January 20. The work of this department will be to collect revenue from foreign countries on time and impose tariffs. Under this section customs duties, tariffs and other revenues will be collected from foreign sources.
This step will be taken to put pressure on countries like India, Canada and China
It is believed that this department is being created to put pressure on countries like India, Canada, Mexico and China to resolve issues like trade imbalance, migration and drug trafficking. Apart from this, Trump also wants to increase taxes on products of many other countries including China. It is also being said that Trump may soon announce increase in tariffs on goods imported from other countries.
Formed a committee to eliminate old policies and committees
Let us tell you that before this, Trump had given the responsibility of Department of Government Efficiency (DOGE) to Indian-origin Elon Musk and Vivek Ramaswamy. The work of this department will be to abolish many old policies and committees and make necessary changes in the entire federal structure.
