Free Trade

Eric Boehm | 1.28.2025 11:15 AM

By next summer, your favorite margarita could cost a few bucks more—and might taste different too.

That's because President Donald Trump's threatened tariffs on imports from Mexico will increase prices and could reduce the availability of some tequilas and mezcals, says Gabe Sanchez, owner of the Black Swan Saloon, a legendary cocktail bar in Dallas.

"It's going to be a very difficult conversation for us to have with people when they come in," Sanchez told Reason in an interview last week. While his customers might be used to $15 cocktails, Sanchez says tariffs could potentially push menu prices "much higher." (Sanchez' favorite drink right now is called "True Romance," and he was gracious enough to share the recipe, which you can find at the end of this article.)

Trump has threatened to slap new 25 percent tariffs on all goods from Canada and Mexico, and he said on Inauguration Day that those tariffs could hit as soon as February 1. The Wall Street Journal reported on Sunday that those tariffs could be........

© Reason.com