Tariff grocery item: Alcohol

Several popular beer brands are imported from Mexico, including Corona, and they’ll likely all see price hikes due to these new tariffs. In fact, it turns out that Mexico is the biggest exporter of beer to the United States, making up over 60% of our imported beer.

The 25% tariff on Mexican beers could lead to significant price increases, especially considering the heavy consumer buying rate annually. An associate professor at New York Institute of Technology warns that it’ll be more than just beer seeing a heftier price tag, though.

We’ll also see higher costs on wine and tequila imports. And soda and other canned beverages could also see a mild increase in price because of aluminum tariffs.

Tariff grocery item: Canned goods

Even though what’s inside your favorite canned goods, ranging from veggies to soup, may or may not get more expensive, the packaging itself will likely grow in price.

As mentioned above, tariffs on metals like steel and aluminum will likely raise the cost of canned foods, many of which tend to have a long shelf life.