CPA Praises the "Home Market Restoration Act" as a Blueprint for Tariff Reshoring

CPA Praises the “Home Market Restoration Act” as a Blueprint for Tariff Reshoring

New bill protects American agricultural markets from further import displacement with inflation-indexed specific duties — assessed against volume, rather than declared value — as well as new tariff-rate quotas to stop further displacement towards imports and give farmers and ranchers certainty.

Adam Smith's Enemy Was the East India Company, Not the Tariff of 1789

Adam Smith’s Enemy Was the East India Company, Not the Tariff of 1789

This week, Scott Lincicome marked the 250th anniversary of The Wealth of Nations by recruiting Adam Smith into the free-trade lobby’s war on American tariffs. It’s a clever conscription, but it depends on erasing the most important fact about Smith’s world: when Smith attacked “mercantilism,” he was attacking a system America’s founders also rejected — and replaced with something Smith never imagined.