Coca-Cola to Hike Prices Due to Trump Tariffs

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Money Magazine: “Coke drinkers are likely to see prices for their favorite drinks rise this year, thanks in part to President Donald Trump’s tariffs, the company’s CEO said.

Coca-Cola CEO James Quincey told the Wall Street Journal this week that his company is taking the unusual step of raising prices of Coke, Diet Coke and the company’s other favorites in the middle of the year in response to rising costs.

He cited steel and aluminum tariffs announced by Trump earlier this year as one of the causes of increased costs.”

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