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Remember when that Italian handbag was just expensive?
Well, the price could skyrocket and become even more out of yourbudget.
President Trumps proposed tariffs.
The bulk of this cost increase will likely be passed on to consumers.
Champagne
Those fancy French bubbles and high-end imported wines?
Theyre first on the chopping block.
Stranger pointed out that European beverages, especially luxury brands, could see significant price hikes.
Designer Labels
Got a closet full of Italian leather and French fashion?
Luxury Watches
Those Swiss watches might need a new price tag.
With increased tariffs, that Rolex or Patek Philippe could cost significantly more than it already does.
Fancy Kitchen Goods
Those German appliances and fancy Italian espresso machines?
Stranger included both home appliances and kitchen goods on her list of items facing price increases.
Luxury cars make Strangers list of goods likely to see significant cost increases.
Private Jets
Even the ultra-wealthy arent immune.
European and Asian Gourmet Foods
That fancy cheese board is about to get pricier.
Even if youre not shopping for yachts, these tariffs could create a ripple effect through the economy.
When luxury spending drops, it affects everything from retail jobs to service industries.
Smart consumers atall income levelsshould watch these trends closely.
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