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 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 says it may use more plastic bottles if Trump tariffs on aluminum take effect
How tariffs on steel and aluminum imports could impact Americans 02:20. President Trump's tariffs on aluminum could make Coca-Cola more expensive. Coca-Cola CEO James Quincey said
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 could use more plastic bottles in response to Trump tariffs
Speaking to Wall Street analysts Tuesday, Coca-Cola CEO James Quincey said the beverage company might adjust its packaging mix in response to rising costs. In particular, this could mean deemphasizing aluminum cans and using more plastic.
Coca-Cola may shift to using more plastic bottles if new aluminum tariffs kick in next month
ATLANTA, GA — Coca-Cola is saying it will shift to using more plastic bottles if new aluminum tariffs kick in next month. CEO James Quincey announced the move this morning during a conference call. He cited “ensuring affordability” as a primary reason if aluminum cans become more expensive.
Coca-Cola May Have to Use More Plastic Because of Tariffs, CEO Says
The drinks company imports aluminum for its cans from Canada, which is likely to be hardest hit by a 25% tariff on aluminum.
Coca Cola to increase plastic use or raise prices amid Trump's aluminium tariffs
The Trump administration’s new tariff policy will increase the duties on aluminium imports from 10% to 25%, beginning next month. This could lead to increased costs for products sold in aluminium cans, such as Coca-Cola’s popular beverage range.
Coke CEO: Aluminum tariffs will increase cost of cans, but ‘we can adapt’
Atlanta-based Coca-Cola said new tariffs on aluminum announced by the Trump administration will increase the cost of cans for its business of selling beverages in the U.S., but CEO James Quincey said the company has a series of strategies to adapt.
Coca-Cola reverses sales volume slide, sending revenue up 6% in the 4th quarter
Coca-Cola said Feb. 11 that it's confident it can mitigate the Trump administration's tariffs on aluminum by shifting its ...
Coca-Cola's demand recovery, higher prices drive surprise revenue jump
Coca-Cola beat Wall Street estimates for fourth-quarter profit and revenue on Tuesday, helped by resilient demand for its ...
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 ...