Final answer:
The U.S. Customs and Border Protection (CBP) is the part of the Treasury Department that collects tariffs on goods brought in from other countries.
Step-by-step explanation:
The part of the Treasury Department that collects tariffs on goods brought in from other countries is the U.S. Customs and Border Protection (CBP). CBP is responsible for ensuring compliance with U.S. laws and regulations regarding imports and exports.
When goods are brought into the country, CBP assesses and collects the applicable tariffs based on the value of the goods and the tariff rates set by the government. This revenue collected from tariffs is an important source of income for the government.
For example, if a company imports electronic devices from another country, CBP will calculate the tariffs owed based on the value of the devices and the tariff rates specified for electronic devices. The company will then need to pay those tariffs to CBP before the goods can be legally brought into the country.