Trump’s tariffs may hinder Coca-Cola’s sustainable packaging goals
“If aluminium cans become more expensive, we can put more emphasis on PET bottles.”
Trump’s 25% tariff on steel and aluminium could lead Coca-Cola to revert to more plastic packaging, CEO James Quincey has told investors.
Speaking in an earnings call last week, on the same day the Trump administration announced a 25% tariff on all aluminium and steel goods entering the US, Quincey said “if aluminium cans become more expensive, we can put more emphasis on PET bottles”.
