President Donald Trump's sweeping new tariffs on imports from Europe, Asia, and Latin America could significantly drive up prices for everyday goods in the U.S. Analysts predict Apple products could see a staggering 40% price hike, potentially pushing the iPhone 16 Pro Max to an eye-watering $2,300.  

Beyond tech, coffee prices are set to rise as Brazil and Colombia - America's top coffee suppliers - face 10% tariffs. Chocolate lovers will also feel the pinch, with cocoa imports from Côte d'Ivoire and Ghana facing steep new levies. Meanwhile, wine, Scotch whisky, and even toys like Barbie and Hot Wheels are expected to cost more due to tariffs on European and Chinese imports.  

Perhaps the biggest impact will be felt in the auto industry, where tariffs could increase the price of some new cars by as much as $20,000. As Canada responds with retaliatory tariffs on U.S. vehicles, the trade war's ripple effects are just beginning to unfold.  

Consumers should brace for higher prices across multiple industries in the coming months.