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Coca-Cola may shift a larger share of its packaging from aluminum to plastic bottles if President Donald Trump’s latest tariff hikes take effect, CEO James Quincey said Tuesday.
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.
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 can also find domestic aluminum sources and increase the price for customers, CEO James Quincey said.