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Article Summary
- Trump administration considering tariffs on Mexican imports, including Modelo and Corona beers
- Constellation Brands, the company that imports these beers, could be impacted by potential tariffs
- Tariffs on Mexican imports could lead to higher prices for consumers
- Constellation Brands' stock price has dropped in response to the news
- Potential implications for the beer industry and overall economy Tone: Concerned about the potential impact of tariffs on the beer industry and economy
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Constellation Brands' Stock Falls As Trump Tariff Plan Threatens To Make Modelo And Corona More Expensive
Constellation manufactures all of its beers, including Modelo and Corona, in Mexico.
https://www.cnbc.com/2024/11/26/trump-tariff-model...
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