The Briefing Room
General Category => Economy/Business => Topic started by: mystery-ak on July 26, 2018, 02:11:40 am
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Coca-Cola says it's raising soda prices after Trump tariffs
By Emily Birnbaum - 07/25/18 10:01 PM EDT
Coca-Cola Company on Wednesday said they will raise the price of their signature sodas this year in part because of the financial strain caused by President Trump's tariffs.
Coca-Cola's Chief Executive James Quincey told the Wall Street Journal that they are stepping up prices in response to the rising costs of delivery and metal prices after the U.S. slapped $50 billion duties on Chinese products earlier this year.
He declined to give further details about the price change and pointed to multiple factors influencing the change.
“There is some broad-based push on input costs that have kind of come in and affected ours and many other industries as well,†Quincey told the Journal.
more
http://thehill.com/policy/finance/398926-coca-cola-raises-soda-prices-due-to-tariffs (http://thehill.com/policy/finance/398926-coca-cola-raises-soda-prices-due-to-tariffs)
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He declined to give further details about the price change and pointed to multiple factors influencing the change.
See, this is the phony bullshit these garbage companies pull all the time. Any excuse to jack prices for no reason and blame someone else. This is just like the Hardly Davidson nonsense. Eff them all.
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Coke sucks anyway.
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From what I read, Coca Cola took their tax cut and still were firing employees.
Seems their business is not running so smoothly, so any price hike is just a political newsroom move for this company.
And the company favors liberal charitable contributions, like the National Urban League and Center for American Progress
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Coke sucks anyway.
It does now. I haven't had a coke in over 10 years now.... and don't miss it.
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This is like the earlier story today where Whirlpool blamed the tariffs that were just put in place for a huge drop in stock and then when you dig deeper you find they have serious worldwide corporate and delivery problems.
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This is like the earlier story today where Whirlpool blamed the tariffs that were just put in place for a huge drop in stock and then when you dig deeper you find they have serious worldwide corporate and delivery problems.
Plus Whirlpool sucks too, at least their washing machines do.
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Plus Whirlpool sucks too, at least their washing machines do.
Exactly. Hey are products suck and no one wants to buy them anymore. Trumps fault.
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Usually, at the store, they have something on sale, $1 for a 2 liter bottle of coke, Mountain Dew, Pepsi, etc. or on Energy drinks, I saw none today. I would not doubt there is some sort of ripple affect in the market right now. One doesn't need a lot of those sugary drinks anyway.
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Plus Whirlpool sucks too, at least their washing machines do.
like you ever do a load.
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like you ever do a load.
Yeah, that's what the 6 year old is for. He's known how to do laundry for 2 years, including informing my husband how much of which detergent to put in on the rare occasion that hubby does a load.
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Yeah, that's what the 6 year old is for. He's known how to do laundry for 2 years, including informing my husband how much of which detergent to put in on the rare occasion that hubby does a load.
Here is a tip to make your laundry look it's best....
! No longer available (http://www.youtube.com/watch?v=BJP5f-fsHrs#)
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Here is a tip to make your laundry look it's best....
! No longer available (http://www.youtube.com/watch?v=BJP5f-fsHrs#)
Thanks, I'll show the kid the commercial tomorrow before he starts his chores.
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Thanks, I'll show the kid the commercial tomorrow before he starts his chores.
Hey lady. You can't tell anyone about that. It's an ancient Chinese secret!
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Hey lady. You can't tell anyone about that. It's an ancient Chinese secret!
Pfft, everyone knows the Chinese are blabbermouths.
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Pfft, everyone knows the Chinese are blabbermouths.
Geez. Now you tell me. You know how much I had to pay for that secret?
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It does now. I haven't had a coke in over 10 years now.... and don't miss it.
Me neither. went back to sweet tea... Go through a box of Lipton's or Red Rose about every three months or so... for what, maybe three bucks?
Best thing I ever did, getting off all that canned crap. Though every now and then, a root beer or a creme soda makes for a treat. :shrug:
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Me neither. went back to sweet tea... Go through a box of Lipton's or Red Rose about every three months or so... for what, maybe three bucks?
Best thing I ever did, getting off all that canned crap. Though every now and then, a root beer or a creme soda makes for a treat. :shrug:
Wow. Mr Excitement. Do you have plain cheese frozen pizza with that root beer to ratchet things up?
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Wow. Mr Excitement. Do you have plain cheese frozen pizza with that root beer to ratchet things up?
Nope. I make my own pizza nowadays. Hopefully there will be a wood fired pizza/bread oven in the back yard before winter.... How's that for excitement?
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Nope. I make my own pizza nowadays. Hopefully there will be a wood fired pizza/bread oven in the back yard before winter.... How's that for excitement?
I can pay the Guineas down the road for a wood fired pizza and keep the patio clear for the hot tub and orgies.
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I can pay the Guineas down the road for a wood fired pizza and keep the patio clear for the hot tub and orgies.
Wow! That's so exciting. You have a hot tub?
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Wow! That's so exciting. You have a hot tub?
Oh come on now. You knew that already.
BTW I finally found your bikini bottoms you were missing. They were in the Japanese Andromeda.
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Oh come on now. You knew that already.
BTW I finally found your bikini bottoms you were missing. They were in the Japanese Andromeda.
Apparently the Chinese are not the only ones that are blabbermouths.
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I can pay the Guineas down the road for a wood fired pizza and keep the patio clear for the hot tub and orgies.
Wiping the tears from my eyes Frank.
You really need to clean that hot tub water more often, it shouldn't burn them like it does when I'm underwater with my snorkel gear.
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Apparently the Chinese are not the only ones that are blabbermouths.
You can say that again. Wang is a real pain in the ass.
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You can say that again. Wang is a real bleep.
Well, of course you are going to have Wang when you have orgies at the hot tub Frank.
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I can pay the Guineas down the road for a wood fired pizza and keep the patio clear for the hot tub and orgies.
meh. You can keep your dependencies. Though I am a ways off from the cedar hot tub (again, wood fired)... The outdoor kitchen has to go in first, as it's all masonry and stone work... Then the porch will be built around it, and then I get to build the hot tub... so probably a year or two off...
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Well, of course you are going to have Wang when you have orgies at the hot tub Frank.
Yeah, but you gotta watch where you put him. He has a tendency to offend some of the first timers at the party.
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Pepsi does not give a damn. Would you two just stfu.
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Pepsi does not give a damn. Would you two just stfu.
Listen Wang. If we wanted your input we would have asked for it.
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This is like the earlier story today where Whirlpool blamed the tariffs that were just put in place for a huge drop in stock and then when you dig deeper you find they have serious worldwide corporate and delivery problems.
Anything to keep the truth away from the investors they have been mismanaging the company.