PepsiCo's (PEP) bottom line will be more adversely affected by US tariffs than rival Coca-Cola (KO) because it makes the concentrates for nearly all US sales of Pepsi and Mountain Dew in Ireland, The Wall Street Journal reported.
Products made in Ireland and sold in the US are subject to a 10% tariff.
Coca-Cola also produces concentrates in Ireland but most of the concentrates for its American sodas are produced in Atlanta and Puerto Rico, a US territory, according to the report.
PepsiCo and Coca-Cola did not immediately respond to requests for comment from MT Newswires.
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