From beer to barley: How Trump’s tariff threat could affect your wallet

Donald Trump’s threat to hit Mexico with tariffs could raise prices on a surprising number of foods and drinks Americans love — from beer to berries to broccoli.

5 min
The Grupo Modelo brewery in Mexico City exports Corona, Modelo and Pacífico brands. (Luis Antonio Rojas/Bloomberg/Getty Images)
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MEXICO CITY — Your favorite Mexican beer may get more expensive, if President-elect Donald Trump carries out his threat to impose tariffs on Mexico.

Trump said last week he would slap a 25 percent tariff on goods from Mexico and Canada if they didn’t stop the flow of migrants and the deadly opioid fentanyl over their borders. Such penalties would cause real pain to those countries, which are the top two U.S. trade partners.

Trump’s second presidency

Follow live updates on the transition to President-elect Donald Trump’s presidency. We’re tracking the people Trump has picked or is considering to fill his Cabinet. Here’s what a second Trump presidency could mean for America.

Foreign policy: Trump tapped Sen. Marco Rubio (R-Florida) as his nominee for secretary of state. Here’s a look at Rubio’s foreign policy views and what Trump’s election means for key global issues.

Health: Trump selected Robert F. Kennedy Jr., a longtime vaccine skeptic, to lead the Department of Health and Human Services. Here are some of his planned priorities, from vaccines to raw milk.

Justice Department: After former Congressman Matt Gaetz (R-Florida) withdrew his bid to be Trump’s attorney general, Trump announced that he plans to nominate former Florida attorney general Pam Bondi to the Cabinet role.

DOGE: Trump announced he is tapping Elon Musk and Vivek Ramaswamy to lead the “Department of Government Efficiency,” a new commission on cutting government spending and regulation. Here’s what we know about DOGE and the history of government efficiency commissions.

What could change: Trump promised executive orders to impose new tariffs on all imported goods from China, Mexico and Canada. Trump has promised to close the Education Department, and many Republicans are with him. Here’s what that would mean.