Eggs, Eyelashes, iPhones: What Donald Trump’s trade war could really cost you
While some items may seem niche or indulgent, they’re part of daily routines and cultural habits that touch millions of households. And the costs are set to climb.
Eyeing a price hike: Sunglasses and optical fashion
Ray-Ban Aviators may be an iconic part of Joe Biden’s public image, but the future of looking cool might get pricier. Despite their deep American associations—from the US Army Air Corps to Top Gun—most Ray-Bans are made in a remote Italian mountain village.
EssilorLuxottica SA, the eyewear titan behind Ray-Ban, Oakley, and Vogue Eyewear, racked up nearly €12 billion in North American sales last year, as reported by Bloomberg. Now, as European Union goods face a looming 20% tariff, those stylish frames could soon come with a sharper price tag.
Your morning cup costs more: Nespresso under fire
Those sleek little Nespresso capsules—crucial to many morning routines—are all manufactured in just three Swiss facilities. But Switzerland, not being in the EU, faces an even harsher tariff of 31% on its exports to the US.
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With Nestlé reporting global sales of 6.4 billion Swiss francs in 2024 for its Nespresso line, a chunk of that now hangs in the balance, as reported by Bloomberg. It’s likely American coffee lovers will see the price of convenience go up.
Wigs and lashes: Tariffs hit the unexpected
Behind closed doors, another industry is bracing for shock. China accounts for 70% of the world’s sex toy production—and the US remains its biggest buyer.
That same dominance applies to wigs and false eyelashes, with China holding around 80% of the global hair accessories market, according to Xinhua News Agency. With 34% tariffs on Chinese goods and 26% on Indian ones, even private pleasures and beauty