Canadian Art Market Faces Pressure from US Trade Tensions
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The signal
A trade conflict between the United States and Canada is negatively affecting Canada's art market. The dispute creates headwinds for dealers and collectors who rely on cross-border movement of artworks, a sector where tariff and regulatory changes can significantly disrupt normal business operations.
What This Means for Your Supply Chain
What if tariffs on art imports from the US increase by 25 percent?
Model the effect of a 25 percent tariff increase on inbound art shipments from the United States to Canada, including changes to landed costs and demand for cross-border acquisitions.
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