CNN —
Beer and liquor may be recession-proof, but they’re certainly not tariff-proof.
If President-elect Donald Trump follows through with proposals to impose a 25% tariff on all items from Canada and Mexico, the result would be a stiff penalty on some of America’s favorite libations, not to mention the No. 1 beer brand in the nation: Modelo.
Some business owners have started stockpiling popular products — specifically tequila, which can be made only in Mexico — and taking other actions to help stave off potential price hikes.
However, industry leaders and
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