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In total, the updated list contains 5,745 full or partial lines of the 6,031 tariff lines that were earlier proposed. The tariff list published on 10 July included Chinese paintings, drawings, pastels, prints, lithographs and original sculptures as well as “antiques of an age exceeding 100 years”. Car seats, bicycle helmets and some consumer electronics products such as smart watches and Bluetooth devices were among the removed items in addition to works of art. “The free exchange of art is beneficial to all and may provide an avenue toward mutual understanding leading to better relations on other fronts as well,” says James Lally, a New York-based dealer specialising https://nyosvorlatfo1988.wordpress.com in Chinese art and antiquities. He adds that “it is a great relief to know that [US collectors and dealers] will maintain access to the international market and will be able to freely welcome art lovers from around the world”. “The market for Asian art, and Chinese art in particular, has remained extremely strong in New York throughout 2018,” says Christina Prescott-Walker, the director of Asian art at Sotheby’s in New York. A rare painted limestone figure of a standing bodhisattva from the Tang dynasty fetched $4.3 million during Sotheby’s Asia Week sales, far surpassing its high estimate of $2.5 million. Courtesy of Sotheby’s Lally strongly and publicly advocated that art dealers and collectors speak out against the proposed tariffs after the Trump administration’s original announcement was made in June. Major auction houses, too, were outspoken https://scaninnazor1985.wordpress.com about the potential economic damage the trade sanctions could wreak on the US art market, especially when collector interest has been on the rise.
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