From breweries to farms, businesses are bracing for higher costs as well as product and supply chain disruptions — and the hits could affect what consumers pay.

U.S. President Donald Trump's tariffs on imports from Mexico carry an outsized risk for farmers in Jacksonville, Illinois, as retaliation by Mexico could prompt corn buyers in that country to turn to rival growers in South America.

Trump put 25% tariffs on goods from Canada and Mexico this week. Yesterday, he gave U.S.-made cars a break. Today, he is giving Mexico a broader exemption.