From https://www.owe.com/resources/legalities/7-issues-regarding-use-someones-likeness/

A. The short answer is no. Individuals do not have an absolute ownership right in their names or likenesses. But the law does give individuals certain rights of “privacy” and “publicity” which provide limited rights to control how your name, likeness, or other identifying information is used under certain circumstances.

From that page, it actually looks like there is a very specific criteria for this - and Taylor Swift HERSELF is protected because she is a celebrity.

However, there are still a lot of gotchas. So instead of making the product/art itself illegal, using it as harassment should be what's illegal. Attaching someone's name to it in an attempt to defame them is what's already illegal here.