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Old 07-25-2018, 07:53 PM   #1
Bladewire
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Coca-Cola is Raising Prices, quotes Trump's Tariffs On Aluminum as reason




#ThanksTrump

I don't drink soda but Trump's meth mouth knuckle dragger supporters drink soda like water.

"Coca-Cola is the first major US-based player in the global beverage industry to announce price hikes that are tied to Trump's tariffs. But there have been warnings that others may follow, particularly beer companies, which are also heavily reliant on the prices of aluminum."

Coca-Cola Says It's Raising Its Prices In Response To Trump's Tariffs On Imported Aluminum

Bad news for Coca-Cola fans: The company said Wednesday that it is raising soda prices in part due to President Trump's recent tariffs on imported steel and aluminum.

Coca-Cola CEO James Quincey announced the price hike in a call with investors and later in media interviews, citing rising transportation and metal costs after Trump slapped tariffs on billions of dollars worth of Chinese goods and numerous other countries earlier this year.

"We had to take with our bottling partners an increase [in prices] in our sparkling beverage industry in the middle of the year, which is relatively uncommon," Quincey said on CNBC's Squawk on the Street after the earnings report. "That's the metal steel and aluminum going up. The labor going up."

How the higher charges to the company’s bottlers and retailers will trickle down to consumers remains to be seen. That's because retailers "have discretion in what consumers are charged on the shelf," Scott Leith, a Coca-Cola spokesperson, told BuzzFeed News.

Coca-Cola is the first major US-based player in the global beverage industry to announce price hikes that are tied to Trump's tariffs. But there have been warnings that others may follow, particularly beer companies, which are also heavily reliant on the prices of aluminum.

None of the major brewers have announced hikes, but smaller craft brewers have felt the impact quicker and some have already had to make adjustments. Octopi Brewing in Waunakee, Wisconsin, told the CBC that after its US supplier of aluminum cans, citing the tariffs, hiked prices by 15%, it opted to pass the extra costs on to customers.

"It's terrible," CEO Isaac Showaki said. "It's hitting our bottom line … we probably could have hired almost two people full-time."

In retaliation, China, a major aluminum exporter, has levied higher fees on a slew of US products, including soybeans and cars. But being that Diet Coke is known to be one of Trump's go-to beverages, it's the Coca-Cola increase that might hit closest to home. The nation was reminded of the president's affinity for the dark soda in a secret recording obtained by CNN in which Trump could be heard telling someone to get him a Coke.
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Old 07-26-2018, 03:49 AM   #2
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Good news, the more expensive Coca Cola is the fewer people who will be poisoned by it

Now put the price of vaccines up 10 times higher
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Old 07-26-2018, 04:12 AM   #3
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Meanwhile, recycled aluminum prices are the lowest they’ve ever been. Hmmmmmm.
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Old 07-26-2018, 04:23 AM   #4
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I prefer drinking wine ...
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Old 07-26-2018, 05:52 AM   #5
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Coca-Cola is crap (but paradoxically goes well with rum) . . .
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Old 07-26-2018, 06:40 AM   #6
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This is a good thing, help you Americans live a little longer. Stop the diabeeetus
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Old 07-26-2018, 06:44 AM   #7
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Meanwhile, recycled aluminum prices are the lowest they’ve ever been. Hmmmmmm.

Orly?


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Old 07-26-2018, 06:51 AM   #8
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I don't know how to read
FTFY mate
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Old 07-26-2018, 07:38 AM   #9
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Old 07-26-2018, 07:52 AM   #10
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Meanwhile, recycled aluminum prices are the lowest they’ve ever been. Hmmmmmm.
The electricity is much cheaper in Canada to melt the aluminum, there's nowhere in the US with low enough rates to do it cost effectivly. That probably explains it.
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Old 07-26-2018, 07:55 AM   #11
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They've been raising it for a while now..
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Old 07-26-2018, 08:10 AM   #12
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Another useless "I hate Trump" thread.

Thanks for ruining GFY, BladeLiar

PS:

Hillary Clinton Donor Clare Bronfman Arrested In NXIVM Sex Cult Case

IG Report Confirms True Pundit BOMBSHELL on Hillary’s Emails; Details Comey Was Briefed on Clinton-Linked ‘Sex Crimes Against Children’ Evidence on Weiner Laptop

Please tell us more about how pedogate isn't real.

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Old 07-26-2018, 09:01 AM   #13
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Old 07-26-2018, 09:03 AM   #14
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Look at the alt-right troll vilifying coca cola and making excuses defending Trump. good thing he's using fake nics because he wouldn't have his face seen around here after Trump's done fucking things up.

We'll rebound quickly after Trump is out. Our allies all know this is temporary.
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Old 07-26-2018, 10:18 AM   #15
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No big deal OP, I don't drink Coca Cola and neither do I see any reason to start. Throw out the Cola and begin your journey to a healthier life...
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Old 07-26-2018, 10:19 AM   #16
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↑↑↑ Doesn't read OP before replying. Stupid alt-right hate fake nic
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Old 07-26-2018, 12:10 PM   #17
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Old 07-29-2018, 05:42 PM   #18
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Now not only the soda industry in impacted. Craft beer prices are going up and up to 20,000 layoffs expected this year due to the tariffs, in the craft beer industry alone.

20,000 craft beer industry jobs expected to be lost this year
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Old 07-30-2018, 03:21 AM   #19
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Chevy is now raising the price of their vehicle due to the steel tariffs...
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Old 07-30-2018, 03:26 AM   #20
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Wow Trump really does live in some folks heads. They probably hope he gets re-elected so they can continue the obsession. What yous all going to do when his time is up
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Old 07-30-2018, 03:32 AM   #21
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Wow Trump really does live in some folks heads. They probably hope he gets re-elected so they can continue the obsession. What yous all going to do when his time is up
You talk about "libtards" nonstop they live in your alcaholic head rent free.
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Old 07-30-2018, 03:52 AM   #22
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You talk about "libtards" nonstop they live in your alcaholic head rent free.
Shouldn't you want Coca Cola banned?


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Old 07-30-2018, 03:55 AM   #23
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↑↑↑ Alt-right hate fake nuc troll that hates porn, Americans & American culture, but loves Putin & Trump, and posts on an American porn board all day.

Wehateporn aka Mineistaken aka Onwebcam
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Old 07-30-2018, 05:42 AM   #24
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↑↑↑ Alt-right hate fake nuc troll that hates porn, Americans & American culture, but loves Putin & Trump, and posts on an American porn board all day.

Wehateporn aka Mineistaken aka Onwebcam
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Old 07-31-2018, 08:48 AM   #25
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Coca-Cola cites Trump's tariffs in raising prices on soft drinks
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