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Benzinga
Benzinga
Politics
Chris Katje

Trump Tariffs On Mexico Could Affect Beer: Why Your Modelo, Corona Could Cost More Next Year

American beer drinkers could see some of their favorite beverages cost more in the coming years if President-elect Donald Trump's plan to place a 25% tariff on Mexican imports goes through.

What Happened: Trump has promised to put tariffs on countries like China, Mexico and Canada when he is inaugurated as president in January, a move that has several sectors on high alert as they brace for the impact and likely pass the higher costs onto consumers.

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