White House tight-lipped on External Revenue Service on eve of tariff implementation
Source: msn
Christian Datoc, Washington Examiner now
White House press secretary Karoline Leavitt declined to answer questions about how President Donald Trump's yet-to-be-launched External Revenue Service will work, just hours before he's set to enact a wave of tariffs on nearly 90 countries.
In January, Trump signed an executive order directing Commerce Secretary Howard Lutnick to establish the ERS to collect revenue from the president's tariffs and potentially even supplant the Internal Revenue Service.
White House officials, including Leavitt, had previously stated the administration would deliver more details about the ERS when Trump's tariffs went into effect but directed inquiries on the agency to the Department of Commerce when pressed for information Tuesday.
"It's something Secretary Lutnick has taken up, so I defer you to the Department of Commerce," Leavitt said in response to a question on the subject from the Washington Examiner during Tuesday's briefing. "But it's something that he and the President believe quite strongly in, and it's a promise that they intend to keep."
Currently, U.S. Customs and Border Protection handles tariff oversight, including revenue collection and evasion enforcement. Experts warned the Washington Examiner after Trump's "Liberation Day" announcement last week that CBP might not be fully equipped to take on the increase in responsibilities.
White House press secretary Karoline Leavitt declined to answer questions about how President Donald Trump's yet-to-be-launched External Revenue Service will work, just hours before he's set to enact a wave of tariffs on nearly 90 countries.
In January, Trump signed an executive order directing Commerce Secretary Howard Lutnick to establish the ERS to collect revenue from the president's tariffs and potentially even supplant the Internal Revenue Service.
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Read more: https://www.msn.com/en-us/news/politics/white-house-tight-lipped-on-external-revenue-service-on-eve-of-tariff-implementation/ar-AA1CxRZR?ocid=winp1taskbar&cvid=67f57d29c5ea4a9082f0782663bd970a&ei=20

erronis
(18,994 posts)black hole. No transactions are recorded so no evidence.
I imagine a whole hell of a lot of this will be routed as payback to vladimir the impaler.
Remember things like law and order, emoluments clause, no man is above the law?
How quaint and archaic!
Initech
(104,495 posts)Holy crap we're being run by total fucking morons.
delisen
(6,931 posts)twodogsbarking
(13,335 posts)wolfie001
(4,589 posts)Anything for the highest 1% of the upper 1%.
Pas-de-Calais
(10,087 posts)twodogsbarking
(13,335 posts)ananda
(31,510 posts)hehe
IronLionZion
(48,481 posts)no need for any regulations or regulators or planning or thought whatsoever. Just make it up as they go like everything else.
Businesses love this kind of uncertainty and daily surprises for their long term investment planning. That's why they're keeping cargo ships out at sea in case it's changed.
Maybe they'll start a Signal group chat to plan this out.
SunSeeker
(55,454 posts)It's absolutely insanity.