UNDERSTANDING TARIFFS AND HOW THEY AFFECT YOUR PRODUCTS

TBA

Richard M. Wortman

Partner, Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt

Richard M. Wortman is Managing Partner of the Los Angeles office of Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt LLP (GDLSK), whose practice is limited to Customs and international trade law. Richard is a regular speaker on Customs law matters before many trade groups. He is former chair of the Customs Section of the Los Angeles Bar Association and is counsel to the Northern Border Customs Brokers Association. Richard is a member of the New York and California Bars, The Supreme Court, The Court of International Trade, The Court of Appeals for the Federal Circuit and various district courts.

 

Richard regularly appears before the Bureau of Customs and Border Protection, Consumer Product Safety Commission, Federal Trade Commission, Department of Commerce, Food & Drug Administration, and other agencies that regulate the international trade in goods. His practice frequently involves trade in regulated articles, rules of origin, preferential trade agreements (e.g., NAFTA, AGOA, CBTPA, etc.), marking and labeling, valuation, tariff classification, trademark and copyright protection, Fish & Wildlife restrictions, and similar matters. Richard represents clients in all areas of customs procedure and administration, such as audits, investigations and penalty cases, and antidumping and safeguard remedies.

 

Richard was born in Far Rockaway, New York. He holds a B.A. with honors in Psychology from Boston University and Juris Doctorate from Case Western Reserve University (Law ’87). He is also an S. O. B. (Son of a (Customs) Broker).

International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad. While all of these effects seem beneficial, free trade isn't widely accepted as completely beneficial to all parties.

This presentation will provide information on the basic of tariffs, why tariffs and trade barriers are used, the types of tariffs and trade barriers and who benefits from them being imposed.

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