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Trump’s immigration policy is weighing on beer sales, Constellation Brands CEO says

President Donald Trump’s tariffs aren’t the only presidential policy that is weighing on Constellation Brands. Along with tariffs on Mexican imports, his hardline immigration stance is also hurting the company’s beer sales as Hispanic consumers in the U.S. spend less, Constellation CEO Bill Newlands told analysts on the company’s conference call on Thursday. Roughly half of Constellation’s …

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