🚨 BREAKING NEWS FROM THE INTERNATIONAL DEPARTMENT OF ART DEALER BLOOD PRESSURE 🚨

HARING- Totem (Color Proof), 1989 InSitu~2

Good news! We can all stop refreshing tariff websites every 11 minutes.

Well… at least until next Tuesday.

The latest guidance from the U.S. Trade Representative confirms that art, antiques, and collectibles remain exempt from the newest round of tariffs affecting imports from dozens of countries. Apparently, after months of collective panic, someone remembered that Congress has long treated art differently.

In fact, under 50 U.S.C. § 1702(b)(3), artworks are legally classified as “informational materials.” That’s right. That Picasso? Information. That Warhol? Information. That Basquiat? Apparently one of the most expensive educational resources you’ll ever buy.

It’s one of the few times in life where buying a six-figure painting can legitimately be described as “continuing education.”

Of course, this doesn’t mean international transactions suddenly became easy. We still have shipping delays, customs paperwork, VAT, export licenses, nervous collectors, and at least three contradictory headlines before breakfast.

But for today, galleries, dealers, collectors, museums, and auction houses can enjoy a rare luxury:

Not having to calculate whether a masterpiece just became 12.5% more expensive while you were making coffee.

Tomorrow? We’ll see what the news cycle has in store.

Today? We’ll call it a victory for culture.