Coca-Cola will raise soda prices after US tariffs

Open source
Coca-Cola CEO James Quincey said that Coca-Cola company will raise the price of soda’s cans, in response to the rising costs of aluminum prices, caused by President Trump’s tariffs. This is reported by CNBC News.
It is reported that Coca-Cola intends to increase the price of its drinks after the decision of the American leader to increase the import tariffs for aluminum, since cans for the drink are made of this material.
The report notes that such a practice for Coca-Cola in the mid-year is «very unusual.»
In a statement, the company’s general director did not reported when and how much will the price for soda increase. He also did not say whether this decision will affect foreign markets or affect only the United States.
As The Journalist reported earlier, France calls on US to abolish duties on steel.