How Trump’s New Reciprocal Tariffs Will Hurt The Art Industry

On Wednesday evening, President Donald Trump announced new tariffs against all nations, with specific rates for 56 countries and the European Union. Beyond the confusing method used to calculate the rates (AI? Terrible math? Both?) and the several, uninhabited islands, it quickly became clear the US was implementing import taxes on a significant number of trading partners and a large portion of goods imported every year.Right before and immediately after the announcement, experts told ARTnews th