Tariffs Are Rising - But Not on Art

Now is the moment to invest in a market that's still protected.

As new tariffs roll out across a wide spectrum of imported goods, investors and collectors alike are asking a crucial question: How does this affect the art market?

The good news? Art remains untouched — for now.

Art’s Legal Exemption From Tariffs

Under a recent executive order, a large category of imports has been subjected to new trade tariffs. However, artworks are currently protected thanks to a little-known clause in U.S. law: Section 1702(b) of the International Emergency Economic Powers Act (IEEPA).

This section specifically exempts "informational materials" from trade restrictions — a category that includes books, films, microfilms, and, perhaps surprisingly, fine art.

In short, the U.S. government has determined that artworks, like literature or journalism, carry communicative and cultural value that should not be hindered by economic sanctions.

What This Means for Collectors

This rare carve-out gives collectors and investors a unique opportunity:

• No import or export tariffs on artworks
• Stronger incentives for cross-border acquisitions
• Market stability in an otherwise volatile trade environment

In an era where trade restrictions and economic policies are in constant flux, this exemption creates a safe harbor for capital — and art is increasingly being recognized as a viable alternative asset class.

But the Window May Not Stay Open

It’s important to understand that this exemption is not guaranteed forever. Because it exists within an executive order and not as a fixed law, it could be altered or revoked with little warning.

Future administrations or policy shifts could easily impose new regulations that do impact the art trade. That’s why savvy investors are acting now — while the art market remains protected and accessible.