The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.

President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue from foreign sources.

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

The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.

President-elect Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to collect tariffs and other duties from foreign nations. Trump plans to launch the agency on Jan.

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.

President-elect Donald Trump plans to create an External Revenue Service. Here’s what that might mean for you.