Home Market Restoration Act of 2026

The Home Market Restoration Act of 2026 imposes tariff-rate quotas on certain imported agricultural products, limiting the quantity that can enter the U.S. at lower duty rates and applying higher duties on imports exceeding those limits. It also increases duties on certain meats and live animals.

Title I, Tariff-rate quotas: This title establishes annual or quarterly import limits for shrimp, honey, crawfish products, rice, and siluriformes fish fillets from specific countries. Imports within the limits pay the standard column 1 duty rate; imports above the limits pay a higher duty rate, such as 40% ad valorem for shrimp or 200% ad valorem for siluriformes fish fillets. For honey, the above-quota duty is the difference between commercial landed value and U.S. average production cost. For crawfish products, in-quota rates are 302.53% or 151.27% ad valorem, and above-quota rates are 402.53% or 251.27% ad valorem. Rice limits are based on 10% of prior U.S. use, with country-specific caps, and a transition rule for 2027 sets fixed kilogram limits for certain countries.

Title II, Duty increases and tariff-rate quotas: This title increases column 1 duty rates on sheep and goat meat to $2.76 per kilogram, with a declining annual tariff-rate quota starting at 133,809,749 kilograms in 2027 and falling to 72,121,187 kilograms by 2036. Imports above the quota face a duty of $11.02 per kilogram. It also increases duties on live bovine animals to 25% ad valorem, with a quota of 1,500,000 head per year, and on beef to $1.68 per kilogram, with country-specific quotas for Argentina, Australia, Canada, and Mexico. The President must adjust dollar-denominated duty rates for inflation starting October 1, 2027, and Customs and Border Protection must publish the adjusted rates.