Coca-Cola considers more plastic bottles amid Trump's aluminum tariffs, as CEO Quincey weighs cost strategies.

Coca-Cola CEO James Quincey suggested using more PET plastic bottles if needed to offset President Donald Trump’s 25 percent tariffs of U.S. aluminum imports.

The growing concern about tariffs is catching the attention of a lot of companies. And beverage giant Coca-Cola (KO) is one of them,

Cola HBC's operating profit rose more than analysts had expected last year due to steady demand for coffee, energy and other ready-to-drink products, sending the bottler's shares nearly 8% to a record high on Thursday.

Leaders of soda makers, local breweries and major automakers across the U.S. are scrambling to prepare for the impacts of incoming tariffs on steel and aluminum imports that are essential to their production. Announced by the Trump administration earlier this week, the 25 percent tariffs are expected to take effect on March 12.

Coca-Cola’s exposure to aluminum and steel is a little more than a quarter of the company’s packaging mix, as of 2023 . Meanwhile, if Coca-Cola moved more product into plastic, it would expand a substrate that already accounted for nearly half of its packaging.

Coca-Cola may use more plastic bottles in the future over cans in the wake of President Donald Trump’s announced 25% tariff on aluminum imports.

Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump's tariffs end up making aluminium cans more expensive, the company's chief executive, James Quincey, said in a call with investors.