Anxious collectors are increasingly turning to freeport havens, experts say
The Art Newspaper
JUNE 19, 2025
for antiques and 25% for furniture; as of 14 May, the US and China have agreed to reduce tariff rates on each other for 90 days, including a 20% tariff tied to fentanyl). We have clients who have imported some high-end design furniture, purchased before those tariffs came into place, which has cost them $200,000 in import duties.”
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