U.S. Adds Chinese Art and Antiques to Proposed 25 Percent Tariff List

  • May 23, 2019 16:25

  • Email
Imperial Red Lacquer 'Nine Dragon Throne,' Qianlong period (1736-1795), from a private Asian collection, that sold at Christie's London this month for £6.1m (US$7.8m), 6.5 times its estimate.
Christie's

As the Trump administration escalates its trade war with China, Chinese art and antiques could be subjected to a 25% import tax along with $200-billion worth of Chinese-made goods in a new 194-page tariff list.

Last August, arts industry representatives in Washington successfully removed Chinese art and antiques from the list of items subject to a 10% import tax, arguing that the tariff would damage the trade by raising prices of such collectibles within the U.S., while strengthening the market inside China.

The threat has now re-emerged with Chinese-made art supplies, artifacts, paintings, drawings, sculpture and antiques, including those "exceeding 100 years" in age, facing steep levies of now 25%, regardless of their point of origin.

Notes Antiques Trade Gazettea lawyer for the art trade who successfully argued against the tax last summer, Peter Tompa, will be back on the case when the US International Trade Commission has a hearing in Washington, DC, on June 17. Tompa is now encouraging the art and antiques community "to get energized to oppose tariffs on art again," with public comments against the import tax on cultural items.

Read more at Gazette


  • Email

More News Feed Headlines

James Rosenquist, Mirrored Flag , 1971, lithograph with mylar foil on paper, 29 × 22 ¼ inches.  Asheville Art Museum.  © James Rosenquist Foundation / Artists Rights Society (ARS), NY

'Meeting the Moon' Exhibition Highlights Lunar Themed Works at Asheville Art Museum

  • ArtfixDaily / January 22nd, 2021

The Asheville Art Museum will present Meeting the Moon, an exhibition featuring prints, photographs, ceramics, ...

Read More...
Hilda Belcher (Pittsford, VT 1881 - 1963 Orange, NJ) The Checkered Dress (Portrait of O'Keeffe).  Watercolor and gouache on cream laid paper, with JW watermark, mounted on paperboard.  Bequest of Mary S.  Bedell, class of 1873, 1932.1.5, Loeb Art Center, Vassar College.

See Inside Vassar College's 'Women Picturing Women' Virtual Exhibition Featured By Master Drawings New York

  • ArtfixDaily / January 24th, 2021

The Frances Lehman Loeb Art Center of Vassar College has two exhibitions on view in the 15th annual Master Drawings ...

Read More...
Childe Hassam, Avenue in the Rain, 1917.  The White House Historical Assoc., Gift of T.  M.  Evans, 1963.

Biden Picks An Array of American Paintings, Sculpture Busts To Decorate the Oval Office

  • Washington Post / January 21st, 2021

Following tradition, the Oval Office has been redecorated for the new Biden administration. The selections reflect ...

Read More...
Barbara Erickson

Barbara Erickson, Leader of America's Oldest Conservation Nonprofit, Remembered

  • ArtfixDaily / January 21st, 2021

Barbara Erickson, The Trustees President and CEO, died on the afternoon of January 15, 2021. After a valiant struggle ...

Read More...

Related Press Releases

ARTFIXdaily Artwire