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Beer Sales Hurt By Trump's Immigration Policies As Tariffs Shake Economy, Top Importer Warns Beer Sales Hurt By Trump's Immigration Policies As Tariffs Shake Economy, Top Importer Warns
Beer Sales Hurt By Trump's Immigration Policies As Tariffs Shake Economy, Top Importer Warns The producer of the best-selling beer in the US says President Donald Trump's immigration policies are hurting sales – adding fuel to economic instability from his global trade wars. Constellation Brands CEO Bill Newlands told investors that immigration concerns and higher prices are forcing many of the company's core customers to cut back on spending – including beer. He made the comments during an earnings call on Thursday, April 10. Newlands said immigration fears are among many socioeconomic factors worrying Hispanic customers, who make up about half of Constellation's be…

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by Chris Spiker
Business
Expect To Pay More For These Items As Trump Tariffs Take Effect Expect To Pay More For These Items As Trump Tariffs Take Effect
Expect To Pay More For These Items As Trump Tariffs Take Effect US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect as of midnight Tuesday, March 4. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 20 percent.  Mexico and Canada account for about 70 percent of US crude oil imports. Earlier Report: Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears Now, many economists are warning that American consumers will be paying more for a host of staple ite…

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by Joe Lombardi
Business
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect after President Trump signed an order late Saturday afternoon, Feb. 1. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 10 percent. Canada also has an adjusted 10 percent rate for energy products, include crude oil. Mexico and Canada account for about 70 percent of US crude oil imports. Now, many economists are warning that American consumers will be paying more for a host of staple i…

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by Joe Lombardi