Jar, Chenghua era, 1465-1487, China, Jiangxi Province. Porcelain painted with underglaze cobalt blue (Jingdezhen ware), H. 3 1/4 x Diam. 4 3/4 in. (8.3 x 12.1 cm). Asia Society, New York: Mr. and Mrs. John D. Rockefeller 3rd Collection, 1979.173. (Photography by Synthescape)
Tariffs: The Impact of Trade Wars on Art and Culture
NEW YORK, March 10, 2020 — Wendy Cutler, James Lally, and Amanda Rottenmund discuss how the U.S.-China trade conflict will affect the market for arts and culture. Moderated by Agnes Hsu-Tang, Ph.D. (1 hr., 15 min.)
U.S.-China trade tension characterized 2019 with tariffs imposed by both countries on a wide range of products. In August 2019, the U.S. published a list of items worth $300 billion of Chinese imports subject to tariffs. Among these items were arts and antiques comprising lithographs, prints, drawings, paintings, engraving, and sculptures that are more than 100 years old. Many U.S. dealers and curators have expressed concern arguing that the tariffs are counterproductive and would hurt the U.S., not China. Although these tariffs may eventually be lifted as part of phase one of the U.S.-China trade deal, they have created much uncertainty in the arts world. How will this impact the art world in the U.S.?