Coca-Cola CEO James Quincey suggested using more PET plastic bottles if needed to offset President Donald Trump’s 25 percent tariffs of U.S. aluminum imports.

The drinks company imports aluminum for its cans from Canada, which is likely to be hardest hit by a 25% tariff on aluminum.

Beer and soda packaged in beverage cans could be affected by the new tariffs - with beverage giant Coca-Cola saying it may turn to more plastic bottles as a result.

President Trump's tariffs on aluminum could make Coca-Cola more expensive. Coca-Cola CEO James Quincey said the company imports aluminum for its cans from Canada, and is looking for ways to mitigate any price increases that new tariffs could bring.

The growing concern about tariffs is catching the attention of a lot of companies. And beverage giant Coca-Cola (KO) is one of them,

The beverage giant is ready to manage, mitigate and adjust to the “dynamic macro environment,” including potential tariffs imposed on steel and aluminum imports into the US and regulatory changes to food ingredients,

James Quincey, Coca-Cola CEO, joins 'Money Movers' to discuss the company's earnings beat, U.S. growth and the state of the consumer.