Latest News
Supply Chain Updates—April 8, 2026 Newsletter
Major Revision to Section 232 Metal Tariff: The Administration issued a significant proclamation revising the Section 232 metal tariffs effective, April 6th. The most impactful shift is that all covered steel, aluminum, and copper articles will now be assessed on the full invoice value of the product. The new framework introduces…
Supply Chain Updates—March 24, 2026 Newsletter
Tariff & Trade Updates Recent developments have clarified the process for importers seeking refunds for IEEPA-related duties. New CAPE Functionality: U.S. Customs and Border Protection (CBP) is introducing a new functionality called CAPE within the Automated Commercial Environment (ACE) to manage IEEPA refund claims efficiently. ACE Account Required: Importers must have an active ACE account to participate. CBP has reported that CAPE is currently 45% complete. Accurate Submissions: The…
Supply Chain Updates—March 10, 2026 Newsletter
Trade between the U.S. and Mexico continues to grow steadily, driven by strong demand in electronics, advanced manufacturing, and other key exports. We support cross-border shipments with real-time tracking, customs guidance, and tailored logistics solutions to ensure smooth, efficient, and reliable movement of goods between the two countries. Ongoing Middle East tensions are disrupting air cargo operations, prompting carriers to reroute flights and suspend services in key regional hubs, which is increasing…
Magnate CARES
Magnate Worldwide is pleased to announce the development of its social responsibility program, Magnate CARES.
Magnate Worldwide Ranks No. 1283 on the 2020 Inc. 5000
Magnate Worldwide Ranks No. 1283 on the 2020 Inc. 5000
Gregoire’s Ironman for Steps Together
Masterpiece International’s Gregoire Simonet will complete his 3rd Ironman competition in Tallinn, Estonia while raising funds and awareness for Steps Together.
Masterpiece listed in 100 Great Supply Chain Partners for 2020!
Masterpiece International is honored to be included in SupplyChainBrain’s 100 Great Supply Chain Partners for 2020!
Newsflash: List 4A Products Excluded from China Tariff
We have been informed that works of art have been excluded from the Section 301 additional tariffs on goods from China (7.5%). Exclusions are retroactive, so importers may now claim refunds on additional duties paid on Chinese artwork imported since September 1, 2019.
Newsflash: USMCA
USMCA The United States, Mexico, and Canada have updated NAFTA to create the new U.S. – Mexico – Canada Agreement (“USMCA”).
COVID-19 Art Handler and Artist Relief Resources
Like many organizations that work with the art industry, Masterpiece International has seen a sharp decline in activity in past weeks. To help address the situation, Masterpiece is working on efforts to help artists and art handlers where it can.
Newsflash: Coronavirus Impact on China
The impact of the Coronavirus in China, where close to 60 million people are living in cities on lockdown, is fluid. Below you may find a chart and notes provided by our partner agents to serve as an update.
Newsflash: ‘List 4A’ Tariffs Reduced to 7.5%, February 14
Dear Valued Customer, The U.S. Trade Representative (“USTR”) has announced that the Section 301 tariff on ‘List 4A’ goods from China will be reduced from 15 percent to 7.5 percent, effective as of February 14, 2020. This change is a result of the “Phase One” trade...
