During President Trump’s Cabinet meeting on Monday, Secretary of Commerce Howard Lutnick discussed his excitement to unveil the External Revenue Service.
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NewsTranscript
00:00Do you want to say a couple of words?
00:02Well, what is so exciting is April 2nd is just around the corner, and that's American
00:08Liberation Day.
00:10That's the day when the rest of the world starts to treat America with respect.
00:16And your leadership, understanding how the rest of the world treats us, and what balance
00:21and what fair trade finally is going to be, is going to take care of America, it's going
00:25to launch the External Revenue Service to start to build the power and prestige of
00:31America back.
00:33And I'm honored to be helping you on that course.
00:36It's an interesting term, right?
00:38The External Revenue Service.
00:40We're going to take in a lot of money from the outside, and that's going to keep our
00:43taxes low, and I think getting a lot lower.
00:48It's going to be a lot of money, and that will, the external, will take care of the
00:52internal, to a large extent.
00:53So I think it's going to be a beautiful transformation.