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 .

Trump's proposed 25% tariffs on Mexico could raise prices on avocados, tequila, and more, impacting both U.S. consumers and Mexican producers.