Trump's tariffs could cause beer prices to rise. Here's why.
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President Donald Trump is set to announce reciprocal tariffs, imposing similar levies on imported goods from countries that already enforced tariffs on US products.
Yahoo Finance host Madison Mills joins Brad Smith on Wealth to discuss how these tariffs — including on steel, aluminum, and energy — could affect beer prices.
Modelo, a popular Mexican beer from Constellation Brands (STZ), could specifically see higher costs due to tariffs on both the product and its aluminum packaging, impacting consumers prices or forcing distributors like Constellation and Anheuser-Busch InBev (BUD) to absorb the costs.
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Josh Lynch
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