What The U.S.-China Trade War Means For The Art Market

Until the latest round of tariffs, art could be imported here duty-free. “Dealers in Chinese art and antiques described the proposed tariffs as misguided and detrimental to cultural exchange, noting it would not serve to protect a domestic industry, since American artists — unlike American factory workers — are not competing directly with Chinese artists. Nor would it meaningfully harm the robust and growing Chinese and broader Asian fine art and antiques markets.”