{"id":236999,"date":"2025-02-12T05:04:07","date_gmt":"2025-02-12T05:04:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/12\/coca-cola-says-it-could-use-more-plastic-due-to-trump-tariffs\/"},"modified":"2025-02-12T05:04:07","modified_gmt":"2025-02-12T05:04:07","slug":"coca-cola-says-it-could-use-more-plastic-due-to-trump-tariffs","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/12\/coca-cola-says-it-could-use-more-plastic-due-to-trump-tariffs\/","title":{"rendered":"Coca-cola says it could use more plastic due to Trump tariffs"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i2.wp.com\/ichef.bbci.co.uk\/news\/1024\/branded_news\/e57b\/live\/d113d170-e8e0-11ef-949e-53cce09551b6.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Coca-cola says it could use more plastic due to Trump tariffs\" title=\"Coca-cola says it could use more plastic due to Trump tariffs\" \/><\/div><p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump&#8217;s tariffs end up making aluminium cans more expensive, the company&#8217;s chief executive, James Quincey, said in a call with investors.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">It comes after Trump ordered a 25% import tax on all steel and aluminium entering the US, which could end up <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.com\/news\/articles\/c3vp06k90d5o\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">driving up the price of canned food<!-- --><\/a><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c3vp06k90d5o\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\"> and drink<!-- --><\/a> items in the country.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In December, the beverage giant scaled down its sustainability target of using 50% recycled materials in its packaging by 2030, to using 35% to 40% by 2035.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Environmental groups have labelled Coca-Cola as the <!-- --><a target=\"_blank\" href=\"https:\/\/www.breakfreefromplastic.org\/2024\/02\/07\/bffp-movement-unveils-2023-global-brand-audit-results\/\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">&#8220;top global plastic polluter&#8221;<!-- --><\/a> for six consecutive years. <!-- --><\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">&#8220;If one package suffers some increase in input costs, we continue to have other packaging offerings that will allow us to compete in the affordability space,&#8221; Quincey said. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">&#8220;For example, if aluminium cans become more expensive, we can put more emphasis on PET [plastic] bottles&#8221;.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The Coca-Cola boss also sought to minimise the impact of the tariffs on his business saying packaging is only a relatively small component of his company&#8217;s costs. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In recent years, Coca-Cola had been selling more products in aluminium containers as part of its marketing and sustainability strategies.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Despite being generally more expensive, aluminium cans are also a lot more recyclable than plastic bottles over time.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The US imports almost half of the aluminium it uses, according to the United States Geological Survey, so a 25% tariff on all imports is likely to cause cans to become even more costly.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">After Trump first ordered tariffs on steel in 2018, many can-makers won &#8220;exclusions&#8221; from those import taxes.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">But this time, Trump has said there will be no exemptions from the rules either for individual products or for particular countries.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In a separate move that is likely to contribute to plastic pollution, Trump signed an <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.com\/news\/articles\/c2k574ydyyqo\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">executive order<!-- --><\/a> earlier this week ending a US government effort to replace plastic straws with paper.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The order reversed a measure signed by former President Joe Biden, who had called plastic pollution a &#8220;crisis&#8221;.<!-- --><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c3vp4dp90qqo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump&#8217;s tariffs end up making aluminium cans more expensive, the company&#8217;s chief executive, James Quincey, said in a call with investors. It comes after Trump ordered a 25% import tax on all steel and aluminium entering the US, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":237000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/e57b\/live\/d113d170-e8e0-11ef-949e-53cce09551b6.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[6518,1261,3315,18165,52],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236999"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=236999"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236999\/revisions"}],"predecessor-version":[{"id":237001,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236999\/revisions\/237001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/237000"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=236999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=236999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=236999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}