President Trump put taxes on goods from Mexico and Canada. This is bad news for Constellation Brands, a big beer company that imports most of its beer (like Corona and Modelo) from Mexico.
- Taxes make beer more expensive.
- Constellation might make less money.
- They are trying to solve the problem.
| Problem | Number |
|---|---|
| Percentage of US beer imports from Mexico | >80% |
| Estimated earnings hit per share (worst case) | $3.50 |
| Estimated earnings hit per share (with some offsets) | $2.40 |
