Coca-Cola defends corn syrup after Trump claims he struck cane sugar deal
'I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so. I'd like to thank all of those in authority at Coca-Cola,' Trump said in a social media post late Tuesday.
'This will be a very good move by them – You'll see. It's just better!'
Initially, the drinks giant responded with a neutral statement of appreciation for 'President Trump's enthusiasm' for Coke, and a vague message about 'new innovative offerings within our Coca-Cola product range' to come.
On Thursday, however, the soft drinks company released an additional statement making positive claims about high-fructose corn syrup, a product that some blame for soaring US obesity rates and which has become a target of health secretary Robert F Kennedy Jr's 'Make America healthy again' movement.
'The name sounds complex, but high fructose corn syrup (HFCS) – which we use to sweeten some of our beverages – is actually just a sweetener made from corn,' Coca-Cola said in a statement. 'It's safe; it has about the same number of calories per serving as table sugar and is metabolized in a similar way by your body.'
It added that the American Medical Association 'has confirmed that HFCS is no more likely to contribute to obesity than table sugar or other full-calorie sweeteners', and said: 'Please be assured that Coca-Cola brand soft drinks do not contain any harmful substances.'
In 2023, the AMA released a statement saying it recognized 'that at the present time, insufficient evidence exists to specifically restrict use of high fructose corn syrup (HFCS) or other fructose-containing sweeteners in the food supply or to require the use of warning labels on products containing HFCS'.
Trump's rather abrupt entry into the Coca-Cola sugar debate comes as he struggles to move past a growing controversy over the release of files relating to the disgraced sex offender Jeffrey Epstein, a one-time friend of Trump's.
Related: Trump's effort to dismiss Epstein files as 'hoax' fails to quell Maga rebellion
The president's high consumption of Diet Coke is well-documented, including the installation of a red 'Diet Coke button' near his desk that he can press in order to summon a staff member with the drink.
Diet Coke contains neither corn syrup nor sugar cane, but aspartame, a low-calorie artificial sweetener.
A switch by Coca-Cola to using sugar cane could trade implications for the $285bn US soft drinks market. Coca-Cola in Mexico is made with cane sugar and packaged in glass bottles. Some is imported into the US, where it sells unofficially as 'Mexican Coke' at a premium over its domestic counterpart.
In the 1980s Coca-Cola's US arm changed its formulation to use high-fructose corn syrup, supported by US farming subsidies, and not imported sugar cane subjected to import tariffs. But turning back the clock could prove costly if Trump's high US tariffs on nations that produce sugar cane continue to apply.
Trump had previously clashed with the company over voting access in Georgia, where the company is based. But ahead of his second inauguration as president in January of this year, the company's CEO, James Quincey, presented Trump with an inaugural Diet Coke bottle.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a minute ago
- Yahoo
Mercer International Second Quarter 2025 Earnings: US$1.29 loss per share (vs US$1.01 loss in 2Q 2024)
Mercer International (NASDAQ:MERC) Second Quarter 2025 Results Key Financial Results Revenue: US$453.5m (down 9.2% from 2Q 2024). Net loss: US$86.1m (loss widened by 27% from 2Q 2024). US$1.29 loss per share (further deteriorated from US$1.01 loss in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Mercer International Earnings Insights Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Forestry industry in the US. Performance of the American Forestry industry. The company's shares are down 24% from a week ago. Risk Analysis Be aware that Mercer International is showing 3 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data


The Hill
3 minutes ago
- The Hill
Trump says he hasn't been asked to pardon Maxwell, Santos, likely won't pardon Diddy
President Trump said he hasn't been asked to pardon disgraced financier Jeffrey Epstein's longtime associate Ghislaine Maxwell or former Rep. Geroge Santos (R-N.Y.), adding that he likely would not give a pardon to rapper Sean 'Diddy' Combs. The president was asked about the three individuals serving prison sentences in a Newsmax interview that aired on Friday. 'They have talked to me about Sean, but they haven't talked to me about the two,' he told host Rob Finnerty. When asked if he would grant clemency for Maxwell — who is serving a 20-year prison sentence — in exchange for her testimony, Trump replied, 'I'm allowed to do it. But nobody's asked me to do it.' 'I know nothing about it. I don't know anything about the case, but I know I have the right to do it,' the president continued. 'I have the right to give pardons. I've given pardons to people before, but nobody's even asked me to do it.' The president has previously said he hadn't thought about a pardon for Maxwell, who recently met with Deputy Attorney General Todd Blanche as the administration faces increasing pressure to release more information from the Epstein files. An attorney for the convicted sex offender also has said he hasn't talked to Trump about a potential pardon. The Justice Department earlier last month released a memo concluding Epstein, a convicted sex offender, died by suicide and did not keep a client list, leading to massive outrage from within the Republican Party. Meanwhile, Trump also didn't rule out a pardon for Santos, who surrendered for a 7-year sentence last week after pleading guilty to federal wire fraud and identity theft charges. The president said, 'He lied like hell.' 'And I didn't know him, but he was 100 percent for Trump,' he continued, adding that 'his vote was solid' when he was in Congress. The president also said that no one has talked to him about a pardon for the former GOP lawmaker, who was expelled from the House in 2023. Santos has said he will be seeking clemency from Trump. 'You know, you could blame the other side for not checking him out,' Trump told Finnerty. 'He didn't do all those things that he said… you could say the media missed it. Everybody missed it. They found out about this stuff after the election was won.' On if he would consider a pardon for Combs, who was acquitted last month of sex trafficking and racketeering and convicted of lesser prostitution-related offenses, Trump said Combs is 'half innocent.' He cited though that the rapper was friendly to him before his political career and then didn't support him when he ran for president. 'I was very friendly with him. I got along with him great, and he seemed like a nice guy. I didn't know him well. But when I ran for office, he was very hostile,' Trump told Newsmax 'And it's hard, you know? I'm like you, we're human beings, right? And we don't like to have things cloud our judgment, right?' 'But when you knew someone and you were fine and then you run for office and he made some terrible statements, so I don't know, it's more difficult,' the president added. 'It makes it more — I'm being honest — it makes it more difficult to do.' When asked if it's more likely that he would not grant Combs clemency, Trump replied, 'I would say so.' when pressed on a pardon for him.
Yahoo
11 minutes ago
- Yahoo
Earnings Preview: What to Expect From Williams-Sonoma's Report
Valued at $23.4 billion by market cap, San Francisco-based Williams-Sonoma, Inc. (WSM) operates as a multi-channel specialty retailer of premium quality home products. The company offers various cooking, dining, home decor, and related products through its brands like Pottery Barn, West Elm, Rejuvenation, etc. The company is expected to announce its fiscal Q2 earnings on Thursday, Aug. 28. Ahead of this event, analysts project the company to report a profit of $1.78 per share, up 2.3% from $1.74 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarters, which is impressive. More News from Barchart With UnitedHealth Under DOJ Investigation, Should You Buy, Sell, or Hold UNH Stock Now? Trump Won't Take Away Tesla's Subsidies. Does That Make TSLA Stock a Safe Buy Here? Can AMD Stock Hit $210 in 2025? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the current year, analysts expect WSM to report EPS of $8.53, down 3% from $8.79 in fiscal 2024. Nonetheless, its EPS is expected to rebound in fiscal 2026, rising 5.5% year over year to $9. Shares of WSM have climbed 25.4% over the past 52 weeks, outperforming both the S&P 500 Index's ($SPX) 16.6% uptick and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 19.9% gain over the same time frame. WSM stock dropped 4.5% following the release of its Q1 results on May 22. The company's net revenues for the quarter increased 4.2% year-over-year to $1.7 billion, mainly driven by a slight improvement in comparable store sales. Moreover, its adjusted EPS came in at $1.85 and surpassed the consensus estimates by 5.1%. Wall Street analysts are moderately optimistic about WSM's stock, with a 'Moderate Buy" rating overall. Among 18 analysts covering the stock, five recommend "Strong Buy," one suggests 'Moderate Buy,' and 12 indicate 'Hold.' The stock currently trades above its mean price target of $184.29. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data