Coca-Cola earnings pop but CEO James Quincey says Trump’s new aluminum tariffs could spark plastic surge in 2025
James Quincey told investors that Coca-Cola could pivot to more plastic packaging if aluminum prices surge due to Trump's 25% import tax on steel and aluminum.
Coca-Cola says it may use more plastic bottles if Trump tariffs on aluminum take effect
President Trump's tariffs on aluminum could make Coca-Cola more expensive. Coca-Cola CEO James Quincey said the company imports aluminum for its cans from Canada, and is looking for ways to mitigate any price increases that new tariffs could bring. Mr. Trump on Monday announced a 25% tariff on steel and aluminum .
Coca-Cola could use more plastic bottles in response to Trump tariffs
Coca-Cola’s exposure to aluminum and steel is a little more than a quarter of the company’s packaging mix, as of 2023 . Meanwhile, if Coca-Cola moved more product into plastic, it would expand a substrate that already accounted for nearly half of its packaging.
Coca-Cola and PepsiCo Adjust DEI Policies in Response to Trump’s Order
Beverage giants Coca-Cola (KO) and PepsiCo (PEP) are looking to comply with a recent executive order issued by the Trump administration on
Coca-Cola, PepsiCo join big U.S. firms yielding to Trump's DEI directive
Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP) are planning to comply with the Trump administration's new policy on diversity, equity, and inclusion programs, Bloomberg reported Thursday, citing sources.
Coca-Cola’s Stance On DEI Reignites The Coke Vs. Pepsi Debate
Coca-Cola is one of the most popular soft drinks in the world. Well-known for its iconic red branding, this fan favorite has been gracing the shelves of stores since 1886. While it comes from humble beginnings in Atlanta,
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Coca-Cola Orange Cream Review: Close, But Not Exactly The Cream Of The Crop
Coca-Cola recently dropped a new flavor of Orange Cream. We decided to try out the flavor for ourselves to see if it's the ...
Coca-Cola reverses sales volume slide, sending revenue up 6% in the fourth quarter
Coca-Cola posted better-than-expected revenue in the fourth quarter as its sales volumes rose in the U.S., China and elsewhere.
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Coca-Cola Gifting Trump a Fancy Bottle Is Peak Spineless Groveling
But the folks at Coca-Cola have really managed to distinguish themselves by giving the president-elect an honor that is dumb, unnecessary, and hypocritical. On Tuesday night, Margo Martin ...
Metro1mon
Coca-Cola gives Donald Trump an inaugural Diet Coke bottle years after bashing him
President-elect Donald Trump received the first-ever presidential commemorative inaugural Diet Coke bottle from Coca-Cola’s CEO (Pictures: X/@margomartin) President-elect Donald Trump was given ...
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Coca-Cola CEO gifted Trump a special-edition bottle of Diet Coke for his inauguration
The Coca-Cola Company presented Donald Trump with a commemorative bottle of Diet Coke to celebrate his inauguration. The tradition dates back to 2005, when George Bush received one. Eight years ...