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Art and Collectibles Markets Aided by Supreme Court Decision that Annuls Trump Administration Tariffs

Posted by Nicholas O'Donnell on March 2, 2026 at 3:05 PM

The Supreme Court of the United States has invalidated the sweeping reciprocal tariff regime enacted by the Trump Administration last year, purportedly pursuant to the International Emergency Economic Powers Act (50 U.S.C. §§ 1701, et seq.) (IEEPA). In its opinion issued on February 20, 2026 in Learning Resources, Inc. v. Trump, 145 S.Ct. 2811 (2026) authored by the Chief Justice, the Court held that IEEPA’s delegation to the President to restrict imports does not extend to the capricious array of tariffs that the Administration imposed, raised, and lowered as it saw fit.

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Topics: Trump Administration, Tariffs, IEEPA

Making Sense of Canada and Mexico Tariffs in the Art Market

Posted by Nicholas O'Donnell on March 6, 2025 at 3:33 PM

Making Sense of Canada, Mexico Tariffs in the Art Market

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Topics: The Art Newspaper, Customs, President, COVID-19, White House, Mexico, Canada, Constitution, Customs and Border Protection, Tariffs, Tariff Act of 1930, Smoot-Hawley, Federal Register, Department of Homeland Security, Higher Education Act of 1965, Notice of Implementation of Additional Duties, International Emergency Economic Powers Act, National Emergencies Act, 50 U.S.C. § 1702(a)(1)(B), Administrative Procedures Act, HEROES Act, Biden v. Nebraska, Loper Bright Enterprises v. Raimondo

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About the Blog


The Art Law Report provides timely updates and commentary on legal issues in the museum and visual arts communities. It is authored by Nicholas M. O'Donnell, partner in our Art & Museum Law Practice.

The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.

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