Reported about 4 hours ago
Analyst Filippo Falorni from Citi discusses the anticipated impacts of President Trump's proposed tariffs, particularly on the beverage industry, highlighting that consumers are likely to face increased prices as companies will pass at least a portion of these tariffs. The analysis points out that alcohol manufacturers, notably Constellation Brands, may be significantly affected, as the US experiences a rise in consumer goods prices after a period of elevated costs.
Source: YAHOO