Metal tariffs hit soda, beer
By Zhang Ruinan in New York | China Daily | Updated: 2018-08-11 07:40
US beverage makers including Coca-Cola announce plans to raise product prices
US soda and beer lovers might want to start stocking up, as the price for a can of fizzy drink is increasing under US President Donald Trump's tariffs on imported aluminum beginning in March.
The Coca-Cola Company recently announced that it would be raising the prices of its carbonated offerings due to rising freight costs and metal tariffs.
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