Constellation Brands' stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive

Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California.Shares of Constellation Brands fell 4% in morning trading after President-elect Donald Trump announced plans to place a 25% tariff on Mexican imports once he's inaugurated.Constellation imports all of its beer from Mexico, including Modelo and Corona. Beer accounted for 86% of Constellation's sales in the first half of its fiscal year.Shares of Constellation have fallen 4% this year, includ ...