Coca-Cola may use more plastic bottles to offset Trump’s aluminum tariff
Coca-Cola CEO James Quincey suggested using more PET plastic bottles if needed to offset President Donald Trump’s 25 percent tariffs of U.S. aluminum imports.
Coca-Cola Considers Shift to Plastic Bottles Amid Trump's Aluminum Tariffs, CEO Signals Strategy Change
Coca-Cola considers more plastic bottles amid Trump's aluminum tariffs, as CEO Quincey weighs cost strategies.
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 may shift toward more plastic bottles under Trump aluminum tariffs: CEO
President Donald Trump could soon have a harder time finding cans of Diet Coke due to the tariffs on aluminum imports, as the soda giant imports its cans from Canada.
Coca-Cola says it may use more plastic due to Trump tariffs
Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump's tariffs end up making aluminium cans more expensive, the company's chief executive, James Quincey, said in a call with investors.
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, Ford CEOs React to Trump’s Steel and Aluminum Tariffs
CEOs of leading car companies in America, meanwhile, are concerned that Trump’s tariffs could upend an entire industry. “ What we’re seeing is a lot of cost, and a lot of chaos ,” said Jim Farley, CEO of Ford (F), while discussing the administration’s measures during an investment conference yesterday, as reported by CNBC.
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 may use more plastic bottles to offset Trump’s aluminum tariff, CEO says
Coca-Cola may use more plastic bottles in the future over cans in the wake of President Donald Trump’s announced 25% tariff on aluminum imports.
Coca-Cola says it will sell more soda in plastic bottles if aluminum tariffs take effect
Coca-Cola can also find domestic aluminum sources and increase the price for customers, CEO James Quincey said.
Fact Check: No evidence Coca-Cola reported immigrant workers to ICE
There is no evidence that Coca-Cola reported its Latino workers to U.S. Immigration and Customs Enforcement (ICE) or ...
Coca-Cola reverses sales volume slide, sending revenue up 6% in the fourth quarter
Coca-Cola said Tuesday it’s confident it can mitigate the Trump administration’s 25% tariff on aluminum by shifting its ...