Exploring the Art Market: Auctions, Fairs and Market Trends

Art Insights: Navigating the Art Market

Follow our art market blog for writing from our team, as well as a curated selection of articles from around the art world focusing on the art market, art law, estate and gift tax updates, the appraisal process and must see art exhibitions. If you would like to submit a guest article for the blog, please be in touch via email

Hailey Widrig Hailey Widrig

Regulatory Crossroads: How EU Regulation 2019/880 and President Trump’s Proposed Tariffs Could Reshape Europe’s Fine Art Trade

In recent years, Europe’s fine art market has navigated a labyrinth of new regulations and post-Brexit economic tensions. The trend looks to continue, with the European Union’s Regulation 2019/880—set to come into full effect in June 2025—which aims to clamp down on the illicit trade of cultural goods. President Donald Trump’s proposed plan to impose tariffs of 25% on EU imports, as have already been applied to those from Canada and Mexico (in addition to tariffs of 20% on goods arriving from China) has sent shockwaves through transatlantic trade discussions. Together, these measures are poised to reshape how fine art is bought, sold, and traded across Europe.

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