Art Dealers Move Against Trump Tariffs on China

July 23rd, 2018

Art dealers are mobilizing in earnest against President Donald Trump’s tariffs against China, which could see a tax of up to 10% on Chinese art and antiques. “Ordinarily, there are no customs duties on art or antiques. It is considered in the public interest to bring art and literature to the US, so in the past, no duties were imposed on foreign art or books,” the Committee for Cultural Policy says in a newsletter alert on Friday (20 June). “The Trump administration is changing that, at least for art and antiques from China. This is one of the more bizarre stories in the tariff saga, since a tariff on antiques will please the Chinese government and reinforce its global dominance and monopoly on Chinese art.” 

Read more at Art Newspaper