Newsflash: India and Turkey to be Terminated from GSP

Dear Valued Customer, Please be advised, India and Turkey will be terminated from Generalized System of Preferences (“GSP”) according to U.S. Trade Representative (“USTR”). Roughly $5.6 billion of Indian goods & $1.7 billion of Turkish goods benefited from duty-free entry into the U.S. under GSP, a program that effectively exempts India, Turkey, and other nations
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Newsflash: Exclusion Process Mandated for Tariffs on $200 Billion in Goods from China

Dear Valued Customer,Please be advised, U.S. Congress has ordered the creation of a process for requesting product-specific exclusions from the Section 301 additional tariffs on $200 billion worth of imported goods from China. These tariffs are currently 10 percent but are scheduled to be increased to 25 percent as of March 2, 2019.The Office of
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Magnate Worldwide Welcomes Dante Fornari as New CEO

Chicago, IL – February 1, 2019 –Magnate Worldwide (“MWW”) today announced the appointment of Dante Fornari as its new Chief Executive Officer. Fornari is an accomplished executive with more than 25 years of experience in the Transportation and Logistics industries. As CEO of Magnate Worldwide, Mr. Fornari will assume overall responsibility for the strategic direction,
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Masterpiece International’s Marine Division Upgrades

New York, NY – January 22, 2019 – Masterpiece International’s Marine Division has grown in size and resources as the company is doubling down on one of its specialty niches. With a new operational team in place and more sales support in key Marine markets, the new team will continue to provide top service to
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Newsflash: US-China Tariff Agreement Effective on December 1st

Dear Valued Customer, Though originally anticipated to become effective January 1, the U.S. has decided to postpone the List 3 (U.S. 301) tariff increases, which contains over 5,000 tariff lines. The White House has agreed to delay the list 3 tariffs for 90 days from December 1. As a result, the U.S. will leave the
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