Find a PP Appraiser
ZipCode or State Advanced Search

PP News and Events

ASA Filed Comments with the USTR Regarding Proposed Tariffs on Chinese Art Objects

by Jennifer Aguilar | Sep 06, 2018

On September 6, the American Society of Appraisers (ASA) filed comments with the Office of the United States Trade Representative (USTR) regarding proposed twenty-five percent tariffs on Chinese art objects imported into the United States, regardless of the country from which the item is imported. In its comments, ASA asked the USTR to remove the enumerated Chinese art objects from the list of items subject to the proposed tariff. ASA pointed out two salient reasons for removal from the list:
  • Most Chinese art (those objects more than 250 years old) have been barred from direct import from China since a 2009 Memorandum of Understanding between the US and China. Since the tariffs would not be imposed on Chinese market participants, and likely be passed on to domestic importers of these works, there is little to no punitive effect of the tariff on the vast majority of items that collectors seek out.
  • For those items not covered by the MOU, they occupy a different segment of the art market than those created by domestic artists; style, materials, and subject matter all vary substantially between Chinese and American contemporary art. There is no argument to be made that the imposition of tariffs would act to protect domestic artists from competitive forces.

To read ASA’s comment letter to USTR, click here.