Indonesia to Face 19% Tariff and Buy 50 Boeing Jets, Trump Says
'We are going to have full access to Indonesia,' Trump told reporters Tuesday at the White House. 'They are paying 19% and we are not paying anything.'
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Costco locations begin to make the switch from Pepsi to Coca-Cola at food courts
Costco's switch from Pepsi to Coca-Cola drinks at its food courts is underway. The change at Costco's food courts 'began rolling out across all Costco warehouses' at the beginning of July, The Coca-Cola Company said in a statement to FOX Business. Advertisement All of Costco's food courts will offer Coca-Cola products by the fall. It comes at a time when President Donald Trump announced on Truth Social that Coca-Cola was going to switch to using cane sugar as a sweetener instead of high-fructose corn syrup. Coca-Cola has neither confirmed nor denied Trump's claim. However, it has thrust the drink maker into a brighter spotlight despite its market dominance. Advertisement The warehouse retailer's change to Coca-Cola beverages may not come as a surprise to members considering Costco CEO Ron Vachris said in January the company would be 'converting our food court fountain business back over to Coca-Cola' this summer. It nonetheless marks a big change for Costco food courts, which had offered Pepsi products since 2013. 'Costco insiders and Coca-Cola fans are buzzing about the transition, which will span warehouses in 14 countries, allowing Costco members everywhere to once again enjoy their favorite Coca-Cola beverages alongside Costco's beloved food court offerings,' Coca-Cola told FOX Business. 3 Costco's food courts have started switching from Pepsi to Coca-Cola. AP Advertisement 3 The rollout of Coke products began in early July. Christopher Sadowski Some social media users have posted photos of Costco food courts to Reddit with a Coca-Cola cup visible in the signage for its popular hot dog and soda combo in recent days. Food courts are one of the many ancillary businesses Costco offers at warehouses along with gas stations, optical departments, hearing aids and tire installation. Costco has said its ancillary businesses encourage members to make trips to the warehouse retailer more often. Advertisement 3 Costco food courts had offered Pepsi products since 2013. oasisamuel – Costco Wholesale Globally, as of Wednesday, the company's footprint spanned 908 warehouses, with 625 of them located in the US, according to a press release. Vachris said during the company's third-quarter earnings call in late May that it expects to reach 914 locations worldwide by the end of its fiscal year. In August, seven Costco openings are planned, with warehouses launching in Canada, Mexico and the US, according to a page on the retailer's website. Costco will release its fourth-quarter financial results in late September.
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What to know about the trial of Brazil's former President Jair Bolsonaro
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Yahoo
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Hanoi scooter riders baulk at petrol-powered bikes ban
Vietnam's plan to bar gas-guzzling motorbikes from central Hanoi may clear the air of the smog-smothered capital, but riders fear paying a high toll for the capital's green transition. "Of course everyone wants a better environment," said housewife Dang Thuy Hanh, baulking at the 80 million dong ($3,000) her family would spend replacing their four scooters with electric alternatives. "But why give us the first burden without any proper preparation?" grumbled the 52-year-old. Hanoi's scooter traffic is a fixture of the city's urban buzz. The northern hub of nine million people has nearly seven million two-wheelers, hurtling around at rush hour in a morass of congestion. Their exhausts splutter emissions regularly spurring the city to the top of worldwide smog rankings in a country where pollution claims at least 70,000 lives a year, according to the World Health Organization. The government last weekend announced plans to block fossil-fuelled bikes from Hanoi's 31 square kilometre (12 square mile) centre by next July. It will expand in stages to forbid all gas-fuelled vehicles in urban areas of the city in the next five years. Hanh -- one of the 600,000 people living in the central embargo zone -- said the looming cost of e-bikes has left her fretting over the loss of "a huge amount of savings". While she conceded e-bikes may help relieve pollution, she bemoaned the lack of public charging points near her home down a tiny alley in the heart of the city. "Why force residents to change while the city's infrastructure is not yet able to adapt to the new situation?" she asked. Many families in communist-run Vietnam own at least two motorcycles for daily commutes, school runs, work and leisure. Proposals to reform transport for environmental reasons often sparks allegations the burden of change is felt highest by the working class. London has since 2023 charged a toll for older, higher pollution-emitting vehicles. France's populist "Yellow Vest" protests starting in 2018 were in part sparked by allegations President Emmanuel Macron's "green tax" on fuel was unfair for the masses. - 'Cost too high' - Hanoi authorities say they are considering alleviating the financial burden by offering subsidies of at least three million dong ($114) per switch to an e-bike, and also increasing public bus services. Food delivery driver Tran Van Tan, who rides his bike 40 kilometres (25 miles) every day from neighbouring Hung Yen province to downtown Hanoi, says he makes his living "on the road". "The cost of changing to an e-bike is simply too high," said the 45-year-old, employed through the delivery app Grab. "Those with a low income like us just cannot suddenly replace our bikes." Compared with a traditional two-wheeler, he also fears the battery life of e-bikes "won't meet the needs for long-distance travel". But citing air pollution as a major threat to human health, the environment and quality of life, deputy mayor Duong Duc Tuan earlier this week said "drastic measures are needed". In a recent report, Hanoi's environment and agriculture ministry said over half of the poisonous smog that blankets the city for much of the year comes from petrol and diesel vehicles. The World Bank puts the figure at 30 percent, with factories and waste incineration also major culprits. Several European cities, such as Barcelona, Paris and Amsterdam have also limited the use of internal combustion engines on their streets -- and other major Vietnamese cities are looking to follow suit. The southern business hub Ho Chi Minh City aims to gradually transition delivery and service motorbikes to electric over the next few years. But with the high costs, office worker Nguyen My Hoa thinks the capital's ban will not be enforceable. "Authorities will not be able to stop the huge amount of gasoline bikes from entering the inner districts," 42-year-old Hoa said. "It simply does not work." tmh/sjc/jts/fox
