Market Chatter: PepsiCo Hit Harder by US Tariffs Than Rival Coca-Cola

MT Newswires Live

Apr 21, 2025

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.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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