Latest News
Supply Chain Updates—November 19, 2025 Newsletter
Tariff Updates: Section 232 Tariffs & Investigation: Medium and heavy‑duty vehicles and parts now face duties of 10%–25% based on origin and classification. New investigations are also underway into imports such as medical equipment (PPE) and industrial machinery, which could lead to additional trade measures. IEEPA Fentanyl Tariff Cut: The U.S.…
Supply Chain Updates —October 16, 2025 Newsletter
Tariff Updates: Reciprocal Tariff Increases: The U.S. has implemented higher tariffs on imports from various countries, including China, South Korea, and the European Union. These adjustments are part of broader efforts to address trade imbalances and unfair practices. Chinese Export Controls: China has announced new export restrictions on artificial diamonds, lithium-ion batteries, and rare earth elements, effective November 8. These measures aim to strengthen China\'s position in high-tech and clean energy…
Supply Chain Updates—September 30, 2025 Newsletter
Key Dates: 1 October: Section 232 tariffs take effect on pharmaceuticals, heavy trucks, household cabinets/vanities, and upholstered furniture. 4 October: Section 301 vessel fees take effect (starting at $120/container, increasing to $250 by 2028) 5 November: Supreme Court hearing on reciprocal tariffs 29 November: Expiration of Section 301 tariff exclusions Tariff Updates: New Section 232 Tariffs: Pharmaceuticals: 100% tariff on branded and patented drugs, unless the manufacturer is actively…
Magnate Worldwide Welcomes Dante Fornari as New CEO
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.
Masterpiece International’s Marine Division Upgrades
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 the international yacht and boat shipping markets around the globe.
Promotions at TrumpCard Show Team Success
Carlsbad, California, November 26, 2018 – TrumpCard (“TCard”), the expedited air freight company of the Magnate Worldwide Family, continues to demonstrate its growth by announcing three promotions of senior operations staff: Kevin Forhane to Director of Operations, Tiffanie Zingrebe to Associate Director Back-End Operations, and Joe Mills to Associate Director Private Fleet.