The Trump administration is preparing to launch the “External Revenue Service,” a new agency tasked with the collection of tariffs. The administration believes this initiative will facilitate the elimination of the Internal Revenue Service (IRS),

During a cabinet meeting on Monday, Commerce Secretary Howard Lutnick expressed his enthusiasm for April 2, a date President Trump has designated as “liberation day” for the United States. Lutnick mentioned the establishment of the External Revenue Service, although it remains uncertain whether he intended for the agency to commence operations on that specific date.