COCA-COLA MIGHT USE MORE PLASTIC DUE TO TARIFFS, CEO SAYS
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Coca-Cola may need to increase its sales of drinks in plastic bottles in the US if President Donald Trump's tariffs result in higher costs for aluminum cans, according to the company's CEO, James Quincey, during a call with investors. This statement follows Trump's decision to impose a 25% import tax on all steel and aluminum entering the United States, which could lead to increased prices for canned food and beverages across the country.