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.

CPA Applauds Expanded Pentagon List of Chinese Military Companies

CPA Applauds Expanded Pentagon List of Chinese Military Companies

CPA welcomed the U.S. Department of War expanding its Section 1260H list of Chinese military companies and praised recent efforts by lawmakers, including Senator Rick Scott (R-FL), to draw greater attention to the threat posed by China’s military-civil fusion strategy.

CPA Applauds Executive Order Strengthening Customs Enforcement, Cracking Down on Non-Resident Importers and Weak Bonding

CPA Applauds Executive Order Strengthening Customs Enforcement, Cracking Down on Non-Resident Importers and Weak Bonding

For too long, foreign actors with no real U.S. presence have been able to import into the American market while shielding themselves from the duties, penalties, and laws that domestic producers and legitimate U.S. importers must obey. The order takes aim squarely at that imbalance.

Senate Small Business Hearing Suggests Some Tariff Wariness

Senate Small Business Hearing Suggests Some Tariff Wariness

A Senate Committee on Small Business and Entrepreneurship hearing held last week had only one manufacturer serving as a witness. He liked the tariffs because they stopped the bloodletting of cheaper imitations from China. However, he told the Senate that changes could be made to existing tariff policy to help lower costs as commodity and other input prices are rising fast.

Stop Trading Away Industries. Stop Trusting Paper Origins. The USMCA Review Stakes.

Stop Trading Away Industries. Stop Trusting Paper Origins. The USMCA Review Stakes.

The clock is ticking on the U.S.-Mexico-Canada Agreement. On July 1, 2026, the three parties are scheduled to sit down for the formal “joint review” required by the deal itself. Under the terms USMCA’s drafters wrote into the agreement, the entire arrangement automatically expires on July 1, 2036 unless every government affirmatively recommits to it.