A 1988 amendment to the International Emergency Economic Powers Act, secured by Howard Berman, could stop art imports being hit by Trump's tariff hike
Following the US president’s on-off tariff confusion last month, the fair’s director sought to reassure exhibitors, despite “significant impacts”
There is widespread confusion about whether or not new US tariffs—and those imposed by trading partners in retaliation—apply to art and antiques
As Art Basel Hong Kong opens, local dealers are staying watchful over the financial impacts of the American trade war
Tariffs of 20% on imports from China and 25% on imports from Mexico and Canada are causing havoc for artists, who rely on imported raw materials and overseas fabricators
‘A rippling impact across our sector’: Canada’s art trade is seeking to lessen its dependence on US buyers to soften the blow of 25% tariffs on imports
The US dominates the global art industry, but new President's proposed additional 10% levy on paintings from China and possible tariff on imports from Europe will damage trade
Insiders say import taxes are strangling much-needed cultural interchange
Collectors and artists are scrambling to find solutions to the US government’s penalty tariffs
Auction houses and art dealers express ‘relief’ even as the US-China trade war escalates