Little by little, the costs of U.S. President Donald Trump's tariffs are starting to add up, both for consumers and American companies that are raising prices, reporting tariff-related hits to their profits,

Meanwhile, under tariffs announced in April, Mexican beers like Modelo and Corona are expected to become more expensive because of levies on aluminium, which affects beers poured from cans. Most beer in the US - 64.1% - is served out of cans, according to the Beer Institute.

The policy will no doubt raise concerns about increased costs for PC processors and a wide variety of electronics that use foreign-made chips.