The Momentary - Bentonville, Arkansas - Feb 22, 2020

Tariff Plan Could Dampen U.S. Market in Chinese Art

  • August 09, 2018 20:56

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Detail of the Taber Family Tianqiuping from the Philbrook Museum of Art that sold at Christie's for $14.5 million.

From Bloomberg: The art world is growing anxious about President Donald Trump’s trade war with China.

The administration’s list of $200 billion in goods targeted for duties includes paintings, sculptures, collages, ceramics and historical collectibles, along with antiques older than 100 years.

Critics of the tariff plan say it will discourage private collectors and dealers from acquiring Chinese art and cultural items, and because museums rely on donations, they and the viewing public will suffer. 

Read more at Bloomberg


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