List 4A Products Excluded from China Tariff Masterpiece has 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...
USMCA The United States, Mexico, and Canada have updated NAFTA to create the new U.S. – Mexico – Canada Agreement (“USMCA”) . The USMCA, which goes into effect on July 1, 2020, is intended to benefit North American workers, farmers, and businesses and create a...
Like many organizations that work with the art industry, Masterpiece International has seen a sharp decline in activity in past weeks. As most museum, gallery, foundation, and private clients have suspended their exhibition programming and artwork movements, the...
Dear Valued Customer, 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. 1.) Teams in China are...
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...
Dear Valued Customer, The United States and China have reached an agreement on a Phase One trade deal to de-escalate the ongoing trade war between the countries. The agreement, announced on December 13, by the United States Trade Representative (“USTR”), includes...
