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Tariffs are coming for America’s favorite beer—but Modelo maker says it’s Trump’s immigration crackdown that’s hurting salesConstellation Brands, the maker of Modelo, warns that while new tariffs on imported beer cans will raise costs, it is President Trump’s immigration crackdown that is already driving down sales ...
Corona beer imported from Mexico is seen at a store in the US state of Texas - Copyright AFP/File RODGER BOSCH Corona beer imported from Mexico is seen at a store in ...
The owner of two Mexican imported beers said the crackdown on immigration from President Donald Trump’s administration is scaring their Hispanic customers and hurting their sales of Modelo and ...
Modelo Especial and Corona seller Constellation Brands Inc. said concern among Hispanic consumers over inflation, immigration and job security is weighing on demand for beer. More than half of ...
April 10 (Reuters) - Modelo Especial owner Constellation Brands' (STZ.N), opens new tab beer sales are taking a hit as demand from Hispanic populations in key U.S. states slows down amid Trump's ...
Constellation Brands on Wednesday gave a weaker-than-expected outlook for its fiscal 2026 and slashed its medium-term forecast as it faces higher U.S. tariffs on most of its beer. The Modelo owner ...
Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States. "We stand ...
Constellation Brands, the maker of Modelo, warns that while new tariffs on imported beer cans will raise costs, it is President Trump’s immigration crackdown that is already driving down sales by ...
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