Trump’s proposed tariffs on Mexico could push up the price of Modelo, Corona and tequila

Trump’s proposed tariffs on Mexico could push up the price of Modelo, Corona and tequila 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…