America's favorite beers — and the jobs tied to them — are at the center of a brewing trade fight

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. A new economic analysis warns that tariffs on Mexican beer could either drive up prices for consumers or reduce investment that supports thousands of American jobs. As the Trump administration weighs implementing tariffs on Mexican beer, a new report argues the move would hurt the very American workers it is intended to protect by squeezing one of the U.S. beer market's most profitable segments. The report, authored by Unleash Prosperity co-founder Stephen Moore and economist David Ozgo, comes as the Trump administration continues to expand its tariff agenda, which officials say is aimed at re-shoring manufacturing, reducing trade deficits and strengthening American industry. "There probably are some products for which tariffs are appropriate — products where there might be national security implications," Ozgo told Fox News Digital. "But obviously,