From Ray-Bans to wigs, buyers to see price hikes

Steep increase: A shopper checks a bottle of champagne at a liquor store in Niles, in France. Manufacturers and suppliers have to decide how much of the cost to pass on to consumers once the new levies take effect. — AP

NEW YORK: When US President Donald Trump slapped bigger-than-expected tariffs on imports from around the world, Americans lamented pending price hikes for champagne, parmesan and Ferraris.

But the impact on pockets goes far beyond things like luxury cars and specialist foods.