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Stock Index Futures Drop as Concerns of Fed's Autonomy Rise
Coca-Cola Escapes New Tariff Costs With US-Based Production, While PepsiCo's Irish Supply Faces 10% Levy
The trade war impacts the "beverage giants": Coca-Cola is smiling, while PepsiCo is crying.
Nearly all PepsiCo concentrated syrup supplied to the USA market requires a 10% tariff. Concentrated syrups produced by Coca-Cola for the USA market mainly come from Atlanta, Georgia, and the US territory of Puerto Rico. This means that beverages like Coca-Cola and Sprite are less affected by the tariff.
US Futures Fall, Volatile Start For Nikkei, Dollar Slips As Trump Pushes Fed For Rate Cuts, Jerome Powell Exit
Top Weekly Consumer Staples Gainers and Losers: Dollar Tree Leads, Molson Coors Beverage Lags
Notable Healthcare Headlines for the Week: UnitedHealth, Eli Lilly, J&J in Focus
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