Coke is raising soda prices because of aluminum tariffs

[McRocket]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

 

[JWBooth]

Trade wars only ever hurt consumers

 

[buckeye45_73]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

That's why you win......Do you like people pushing you around? Do you have any balls?

 

[The Irish Ram]

Except they do work as a deterrent for countries taking advantage of us. Remember when you said soybean farmers were all going to die? They're not. The objective is 0 tariffs. Let the product speak for itself.
Trump 2020 because there are still more lopsided Obama deals to get rid of...

 

[Ricky LIbtardo]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Thanks for the laugh. Trump just got the head of the Europeon Union to work towards zero tariffs.

Now what was that about them not working, again?

 

[g5000]

Except they do work as a deterrent for countries taking advantage of us. Remember when you said soybean farmers were all going to die? They're not.

Then why do they need a $12 billion bailout?

 

[g5000]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Thanks for the laugh. Trump just got the head of the Europeon Union to work towards zero tariffs.

Now what was that about them not working, again?

The losses soybean farmers are suffering from the trade war with China are much greater than any gains they may get from the EU.

 

[JBond]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Not a word about tarrifs on US goods. Interesting.

I'm glad Trump is taking on these greedy countries that have been screwing us for decades.

 

[McRocket]

Chamber of Commerce warns Trump against China tariffs

I think most economists and CEO's know more about the economy than Trump or his Trumpbots.

 

[Indeependent]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Thanks for the laugh. Trump just got the head of the Europeon Union to work towards zero tariffs.

Now what was that about them not working, again?

The losses soybean farmers are suffering from the trade war with China are much greater than any gains they may get from the EU.

How are those tax payer supported mega corporations that own all the farms going to cope?

 

[Ricky LIbtardo]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Thanks for the laugh. Trump just got the head of the Europeon Union to work towards zero tariffs.

Now what was that about them not working, again?

The losses soybean farmers are suffering from the trade war with China are much greater than the gains with the EU.

Oh, really, the Europeon Union agreed to buy a whole lot more soybeans and Trump is just getting warmed up.

You just don't like Trump winning and now we have the upper hand for once in four decades.

Now pay attention. We, America, consume 80% of what we make and have a 700 Billion trade deficit. We are the one with the upper hand. We don't need them and they need us. Pretty simple shit.

 

[charwin95]

Except they do work as a deterrent for countries taking advantage of us. Remember when you said soybean farmers were all going to die? They're not. The objective is 0 tariffs. Let the product speak for itself.
Trump 2020 because there are still more lopsided Obama deals to get rid of...

I am 100% sure you don’t understand what your Moron did to the farmers or you just refused to understand.

1. The zero tariffs you are talking about has a lots of work that need to be done. Your Moron always open his mouth without a clear view of understanding what he heck he is talking about.

2. You may want to read what all the farmers are talking about how disappointed or disgusted about Trump trade wars. They prefer to sell their products than suddenly they are in ($12b ) welfare.

3. Prices all over will effect every sectors of businesses and daily livelihood that will never come down. That you Mr. President.

 

[bodecea]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

This might upset the trumpanzees....they don't like it when someone messes with their easy access to junk food.

 

[SavannahMann]

I thought sugary soft drinks were responsible almost exclusively to the huge obesity problem. So by raising the cost, aren’t we in fact potentially saving tens of thousands of lives as people turn away from this diabetic future in a can?

 

[Tumblin Tumbleweed]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Everything the Orange Virus is doing these days seems to harm the consumer.

 

[The Irish Ram]

Except they do work as a deterrent for countries taking advantage of us. Remember when you said soybean farmers were all going to die? They're not.

Then why do they need a $12 billion bailout?

Because Democrats sold them out by allowing other countries to punish them on price.
Now they will be held unharmed until the playing field is once again leveled.
You kiss ass. We kick ass...

 

[Indeependent]

Except they do work as a deterrent for countries taking advantage of us. Remember when you said soybean farmers were all going to die? They're not. The objective is 0 tariffs. Let the product speak for itself.
Trump 2020 because there are still more lopsided Obama deals to get rid of...

I am 100% sure you don’t understand what your Moron did to the farmers or you just refused to understand.

1. The zero tariffs you are talking about has a lots of work that need to be done. Your Moron always open his mouth without a clear view of understanding what he heck he is talking about.

2. You may want to read what all the farmers are talking about how disappointed or disgusted about Trump trade wars. They prefer to sell their products than suddenly they are in ($12b ) welfare.

3. Prices all over will effect every sectors of businesses and daily livelihood that will never come down. That you Mr. President.

Funny...
The last oil crisis several years ago was an excuse for food suppliers to raise prices.
The price of oil plummeted and yet we’re still paying extortion prices for food.
**** ‘em.

 

[charwin95]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Thanks for the laugh. Trump just got the head of the Europeon Union to work towards zero tariffs.

Now what was that about them not working, again?

The losses soybean farmers are suffering from the trade war with China are much greater than the gains with the EU.

Oh, really, the Europeon Union agreed to buy a whole lot more soybeans and Trump is just getting warmed up.

You just don't like Trump winning and now we have the upper hand for once in four decades.

Now pay attention. We, America, consume 80% of what we make and have a 700 Billion trade deficit. We are the one with the upper hand. We don't need them and they need us. Pretty simple shit.

Wrong dude. Very wrong.

1. They will buy more soybeans. Why would they buy more soybeans now than before? Did they tell you which European country? If you are buying ( consuming) 2 loaf of bread every week from your grocery. Are you going to buy more than you need because your grocery close down?

2. We are one of the largest consumers in the world that is why trade deficits will always be there.
3. Prove to us where you got your numbers 80% of what we consumed are made in America.
4. Prove to us why you said we don’t need them. Even your fucked up president make his products overseas.

 

[charwin95]

Except they do work as a deterrent for countries taking advantage of us. Remember when you said soybean farmers were all going to die? They're not. The objective is 0 tariffs. Let the product speak for itself.
Trump 2020 because there are still more lopsided Obama deals to get rid of...

I am 100% sure you don’t understand what your Moron did to the farmers or you just refused to understand.

1. The zero tariffs you are talking about has a lots of work that need to be done. Your Moron always open his mouth without a clear view of understanding what he heck he is talking about.

2. You may want to read what all the farmers are talking about how disappointed or disgusted about Trump trade wars. They prefer to sell their products than suddenly they are in ($12b ) welfare.

3. Prices all over will effect every sectors of businesses and daily livelihood that will never come down. That you Mr. President.

Funny...
The last oil crisis several years ago was an excuse for food suppliers to raise prices.
The price of oil plummeted and yet we’re still paying extortion prices for food.
**** ‘em.

That is a big difference bud.

 

[Aldo Raine]

'America's favorite soda is the latest victim of the Trump administration's tariffs.
Coca-Cola (CCE) has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce.

CEO James Quincey admitted on the company's earnings call Wednesday that the hike was "disruptive" but necessary.

"Obviously, while [customers] may understand the cost pressures that are out there on freight, on the increases in steel and aluminum and other input costs that affect the bottling system and affects some of our finished products, clearly, these conversations are difficult," he said on the call.'

Coke is raising soda prices because of aluminum tariffs

Sure, it's only going to be a small rise...but this is what tariffs do. They make things more expensive without making the product the slightest bit better.
So the consumer loses.

And again, forget lots of long term jobs. No corporation is going to built a huge, new plant for increased production JUST for a tariff that could end any day.

Trade wars have NEVER worked. Most economists/CEO's know this...unfortunately, Trump doesn't.

Thanks for the laugh. Trump just got the head of the Europeon Union to work towards zero tariffs.

Now what was that about them not working, again?

The losses soybean farmers are suffering from the trade war with China are much greater than the gains with the EU.

Oh, really, the Europeon Union agreed to buy a whole lot more soybeans and Trump is just getting warmed up.

You just don't like Trump winning and now we have the upper hand for once in four decades.

Now pay attention. We, America, consume 80% of what we make and have a 700 Billion trade deficit. We are the one with the upper hand. We don't need them and they need us. Pretty simple shit.

There still is about a 70,000,000 ton short call between the amount of soybeans Jina used to buy and what the EU will buy!