Tariffs are coming for America’s favorite beer—but Modelo maker says it’s Trump’s immigration crackdown that’s hurting sales

• Constellation Brands, the maker of Modelo, warns that while new tariffs on imported beer cans will raise costs, it is President Trump’s immigration crackdown that is already driving down sales by deterring Hispanic consumers, leading the company to lower its sales outlook.

Constellation Brands, the U.S. importer of Modelo and Corona beer, is blaming more than tariffs for slowing beer sales—it’s pointing to immigration fears as well.

Modelo, which overtook Bud Light...