How does the new European US deal effects fine art
The New Reality: 20% Tariff on EU Art
Let’s be clear: the US-EU trade deal’s introduction of a 20% tariff on all European Union fine art imported into the United States is a seismic shift. For decades, art crossed the Atlantic virtually duty-free, enabling American collectors to enrich their homes and museums with the vibrant creativity of Europe’s artists—past and present. That door has now been, if not shut, made significantly heavier to push open.
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