Coca-Cola may shift toward more plastic bottles under Trump aluminum tariffs: CEO
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Coca-Cola is considering increasing its use of plastic bottles due to tariffs on aluminum imports imposed by President Trump. This could affect the availability of aluminum cans, which Coca-Cola imports from Canada.
February 12, 2025 | 1:30 pm
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Coca-Cola is considering a shift towards more plastic bottles due to aluminum tariffs imposed by President Trump. This could affect the availability and cost of aluminum cans, impacting Coca-Cola's packaging strategy.
The news directly affects Coca-Cola's packaging strategy, as aluminum tariffs could increase costs and reduce the availability of cans. However, the shift to plastic may mitigate some impacts, leading to a neutral short-term effect on stock price.
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IMPORTANCE 70
RELEVANCE 90