I am thrilled that I will once again host podcasts for DrBicuspid.com at the Dental Trade Alliance (DTA) annual meeting in November in Austin, TX.
At the DTA meeting, the subject of tariffs and their impact on dentistry is expected to be a hot topic. One of the attendees who will be focused on the ever-evolving tariff landscape is Rick Van Arnam, a partner of Barnes/Richardson, a law firm that specializes in global trade law.
Van Arnam practices in all areas of customs, import, international trade, and export controls law. He has been with the firm since 1991 and has been a partner since 1998.
In this episode of the Dental Trade Alliance Podcast, I spoke with Van Arnam about the complexities of tariffs and trade policy, particularly as they relate to the dental industry. We discuss the current state of tariffs, the implications of trade with China, and the challenges of regulatory compliance.
Van Arnam emphasizes the importance of understanding product origin and navigating the evolving landscape of international trade. He also offers resources for DTA members to stay informed and compliant.
Podcast takeaways
- Tariffs are a significant concern for businesses involved in international trade.
- The current administration has implemented aggressive tariff policies not seen in over a century.
- Companies must be aware of the potential for tariff rates to change, especially regarding China.
- Transshipment practices can lead to legal complications if they are not handled correctly.
- Understanding the origin of products is crucial to comply with customs regulations.
- The dental industry has been somewhat insulated from early tariff impacts due to specific exemptions.
- Regulatory changes, especially at the state level, are important for businesses to monitor.
- Companies should prepare for potential increases in tariff rates in the near future.
- The importance of substantial transformation in determining product origin cannot be overstated.
- DTA members have access to resources and expertise to navigate these challenges effectively.
