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Constellation falls after Trump threatens 30% tariffs on Mexico

Shares of Constellation Brands (STZ), which imports Mexican beer brands Modelo, Corona and Pacifico into the U.S., are down after President Trump over the weekend threatened to slap 30% tariffs on all goods from Mexico and the European Union if no trade agreement is reached by August 1. Constellation shares are down 4% to $164.81 in midday trading. Other spirts makers are trading lower as well, including Brown-Forman (BF.B), Boston Beer (SAM) and Molson Coors (TAP).

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