In fact, in a recent announcement from the widely loved soft drink company, financial executives within Coca-Cola's reported better than average earnings for this past quarter, calling any issues stemming from Trump's tariffs "manageable."
In the wake of these new economic developments, Coke announced that they're currently exploring other means of packaging their products. According to AP News, this could result in Coke placing a greater significance on plastic or glass bottles in lieu of traditional aluminum cans.
"Based on what we know today, the dynamic tariff landscape could impact pockets of our system's cost structure, as well as consumer sentiment in our markets," Murphy told investors in a conference call on Tuesday.
Evaluating the drop in spending within North America, Coke's Chairman and CEO James Quincey said the decreased sales are likely a result of economic woes in both America and Mexico, with many people concerned about the state of the global economy.
In the meantime, Quincey has said that the company does not plan on raising prices in the near future.
In an interview with Yahoo Finance, the Coca Cola CEO said, "We're not [raising prices] out of cycle. Obviously prices went up because of a whole set of normal things -- last year's inflation -- that's already happened. But we're sticking to our current pricing plan."
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