• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Trump’s aluminum tariffs may force Coca-Cola to use more plastic bottles

by February 12, 2025
written by February 12, 2025

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.

Speaking during the company’s earnings conference call, Quincey explained that Coca-Cola has alternative packaging strategies to manage affordability and consumer demand.

“If aluminum cans become more expensive, we can put more emphasis on PET [plastic] bottles,” he said, as reported by CNBC.

25% tariff starting next month

The comments come after Trump announced a sharp increase in tariffs on all aluminum and steel imports, raising duties from 10% to 25% starting next month.

While the move is largely seen as targeting China, the US sources relatively little steel directly from the country.

Despite the potential cost pressures, Quincey downplayed the overall impact on Coca-Cola’s business.

“It’s not insignificant, but it’s not going to radically change a multibillion-dollar US business, and packaging is only a small component of the total cost structure,” he said.

Coca-Cola could mitigate the tariff effects by sourcing more aluminum domestically or passing on some costs to customers, Quincey noted.

However, the shift to more plastic packaging may draw scrutiny, as the company has faced criticism over its environmental impact.

Greenpeace has named Coca-Cola the world’s worst plastic polluter for six consecutive years.

While aluminum is more expensive, it is also highly recyclable, with a 50.4% recycling rate for beverage cans in 2018, compared to just 29.1% for PET bottles, according to the Environmental Protection Agency.

Despite increasing its aluminum packaging options in recent years, Coca-Cola recently scaled back its sustainability targets, now aiming for 35% to 40% recycled content in packaging by 2035—lower than its previous goal of 50% by 2030.

As the tariff changes loom, Coca-Cola faces tough decisions about balancing costs, sustainability, and consumer demand in an evolving economic landscape.

The post Trump’s aluminum tariffs may force Coca-Cola to use more plastic bottles appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Intel stock surges as Vance pledges to protect US AI technology, boost domestic production
next post
Chinese EV makers NIO, Xpeng, Li Auto see shares slip up to 6% after BYD’s new partnership with DeepSeek

related articles

Asian markets open: Nikkei, Hang Seng fall on...

June 12, 2025

Aluminum and steel tariffs spark rise in secondary...

June 12, 2025

Airbus sees aviation boom ahead, global fleet to...

June 12, 2025

US-China trade talks and Washington’s decade-long effort to...

June 12, 2025

Europe markets open: Stoxx 600 dips as UK...

June 12, 2025

UK GDP falls by 0.3% in April as...

June 12, 2025

Gordon Brothers buys Poundland; pledges £80 mn for...

June 12, 2025

Air India plane crash: London-bound flight with 242...

June 12, 2025

Air India plane crash live update: Indian President...

June 12, 2025

Copper remains supported for now even as China...

June 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Secret Iranian missile storage site exposed by anti-regime group amid mounting regional tensions

    October 25, 2024
  • Family matters: How VP Vance, wife deliver ‘normalcy to the kids in a very abnormal situation’

    May 4, 2025
  • Japanese eateries hike prices as tourist influx reaches record levels

    July 29, 2024
  • Blue state Democrats issue scathing reflection on election loss: ‘We’re out of touch’

    November 11, 2024
  • Trump makes endorsement in ‘important’ Wisconsin Supreme Court race

    March 23, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Trump downplays Canada’s liberal lean from Oval Office, calls border an ‘artificial line’

    March 21, 2025
  • Disney, Fox, Warner Bros. Discovery call off Venu sports streaming service

    January 10, 2025
  • Liz Cheney predicts ‘millions of Republicans’ will vote for Harris: ‘Vote your conscience’

    October 22, 2024

Recent Posts

  • Federal workers who fail to return to office will be placed on administrative leave, Musk states

    February 24, 2025
  • Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival

    November 23, 2024
  • The great airlift: how Apple ferried 1.5M iPhones from India to the US to beat Trump tariffs

    April 10, 2025

Editor’s Pick

  • Trump tariff plan faces uncertain future as court battles intensify

    May 31, 2025
  • Ripple and Tron: New support levels on Thursday

    October 10, 2024
  • Some experts have raised the odds of a recession. Here’s how much you should have in emergency savings.

    August 15, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock