Coca-Cola Plans New Products After Trump Comments
Coca-Cola Plans New Products After Trump Comments

Coca-Cola Plans New Products After Trump Comments

News summary

President Donald Trump recently disclosed conversations with Coca-Cola about potentially switching from high fructose corn syrup to real cane sugar in its U.S. products, sparking responses from the company and industry groups. Coca-Cola expressed appreciation for President Trump's enthusiasm and teased upcoming announcements about new innovative product offerings, though it did not confirm a switch to cane sugar. The Corn Refiners Association criticized the idea, warning that replacing corn syrup with cane sugar could harm American manufacturing jobs and farmers without nutritional benefits. Coca-Cola CEO James Quincey has emphasized ongoing efforts to reduce sugar in beverages, aligning with a broader industry trend, as companies like Starbucks and In-N-Out Burger also move away from high fructose corn syrup. Analysts view Coca-Cola’s stock positively, with an 'Outperform' rating and expectations for steady revenue and earnings growth in 2025 despite currency headwinds. The discussions around sugar sourcing tie into broader economic considerations, including potential tariffs on Brazilian sugar, a major global producer.

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Last Updated
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