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

Installation view, Byron Kim, Sky Blue Flag, 2015.  Courtesy the artist and Ballroom Marfa.  Photo by Mackenzie Goodman.

8 Leading Artists Create Flags Accompanied by Sound-Based Works in 'unFlagging' Series at Ballroom Marfa

  • ArtfixDaily / October 26th, 2020

This fall, Ballroom Marfa presents an outdoor exhibition from October 2, 2020 through January 21, 2021 that features ...

Read More...
Childe Hassam, Plaza de la Merced, Ronda, 1910.  Oil on panel.  25 1/2 x 20 1/2 in.  (64.6 x 52 cm) Carmen Thyssen-Bornemisza Collection on loan at the Museo Nacional Thyssen-Bornemisza, Madrid

Major New Museum Exhibition Explores Spanish Influence on American Artists

  • ArtfixDaily / October 26th, 2020

The extensive impact of Spanish art and culture on American painters in the nineteenth and early twentieth centuries ...

Read More...
Altar to Zeus in the Pergamonmuseum, Berlin.

Dozens of Art Objects Vandalized in Mysterious Attacks at German Museums

  • NPR / October 21st, 2020

About 70 artifacts and art pieces were vandalized at several museums in Berlin earlier this month. Ancient Egyptian ...

Read More...
Damien Hirst, In and Out of Love (Butterfly Paintings and Ashtrays) (detail), 1991, © Damien Hirst and Science Ltd.  All rights reserved / DACS, London / ARS, NY 2020.

'Love, Life, Death, and Desire' Exhibition Opens at Yale Center for British Art

  • ArtfixDaily / October 14th, 2020

Damien Hirst’s seminal installation In and Out of Love (Butterfly Paintings and Ashtrays) is ...

Read More...

Related Press Releases

Related Events

Goto Calendar

ARTFIXdaily Artwire