Will Trump’s tariffs on aluminum hit growth in beverage cans?
Beer and soda packaged in beverage cans could be affected by the new tariffs - with beverage giant Coca-Cola saying it may turn to more plastic bottles as a result.
Coca-Cola may use more plastic bottles to offset Trump’s aluminum tariff
Coca-Cola accounted for 11 percent of branded plastic pollution in the world, according to a study, and is one of the world’s top contributors to plastic pollution.
Coca-Cola Considers Shift to Plastic Bottles Amid Trump's Aluminum Tariffs, CEO Signals Strategy Change
Coca-Cola considers more plastic bottles amid Trump's aluminum tariffs, as CEO Quincey weighs cost strategies.
Trump tariffs force Coca-Cola to consider more PET packaging options
These tariffs are expected to drive up the cost of aluminium cans, which could significantly impact the price of the country's canned beverages and foods. Coca-Cola CEO James Quin
Coca-Cola says it may use more plastic bottles if Trump tariffs on aluminum take effect
President Trump's tariffs on aluminum could make Coca-Cola more expensive. Coca-Cola CEO James Quincey said the company imports aluminum for its cans from Canada, and is looking for ways to mitigate any price increases that new tariffs could bring. Mr. Trump on Monday announced a 25% tariff on steel and aluminum .
Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
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.
Coca-Cola may use more plastic bottles to offset Trump’s aluminum tariff, CEO says
Coca-Cola may use more plastic bottles in the future over cans in the wake of President Donald Trump’s announced 25% tariff on aluminum imports.
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 says it may use more plastic due to Trump tariffs
Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump's tariffs end up making aluminium cans more expensive, the company's chief executive, James Quincey, said in a call with investors.
Trump aluminium tariffs may mean Coca-Cola uses more PET, CEO says
The Coca-Cola chief executive was asked to quantify how much the company might have to change its use of packaging mix in the event of Trump’s tariffs coming into effect. “Loo
Yahoo Finance7d
Aluminum Foil Packaging Market to Reach USD 47.0 Billion by 2035, Driven by Growing Demand Across Industries | Future Market Insights, Inc.
NEWARK, Del, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The global aluminum foil packaging market is poised for substantial growth, with market size projected to reach USD 28.8 billion in 2025 and expand ...
Oregon Business1d
Packaging Giant Announces Oregon Expansion
The global aluminum products maker Ball closed a Seattle-area factory last year, but wants to keep a toehold in the Northwest ...
MarketWatch on MSN2d
Why Trump’s aluminum tariffs won’t ‘radically change’ Coke’s packaging plans
Coca-Cola stock surges after a big revenue beat, and as aluminum tariffs aren’t seen as a having a major impact on packaging ...