Coca-Cola plans US cane sugar alternative after Trump push

Coca-Cola on Tuesday said it would release a version of Coke in the United States made with US-grown real cane sugar, a move requested by President Donald Trump.”We’re going to be bringing a Coke sweetened with US cane sugar into the market this fall, and I think that will be an enduring option for consumers,” said CEO James Quincey on a call with analysts.The company currently uses high-fructose corn syrup (HFCS) for many of its US products — a sweetener that has long drawn criticism from Health Secretary Robert F. Kennedy Jr. and his “Make America Healthy Again” agenda.Trump last week said that the company had agreed to use cane sugar in the United States version of Coke.”This will be a very good move by them — You’ll see. It’s just better!” Trump wrote on Truth Social.Coca-Cola at the time did not confirm the move even if it said it appreciated Trump’s “enthusiasm” for its brand.In announcing the new option, Quincey insisted that the main Coke product would still be made with corn syrup, with the cane sugar version offered as an alternative.Mexican Coke — which is made with cane sugar — is often sold at a premium in US stores and prized for its more “natural” flavor.The US president did not explain what motivated his push for the change, which would not impact his well-known favorite beverage, Diet Coke.Since his return to the White House, Trump has reinstalled a special button in the Oval Office that summons a helping of the sugar-free carbonated drink.HFCS became popular in the 1970s, with its use skyrocketing thanks to government subsidies for corn growers and high import tariffs on cane sugar.Any shift away from corn is likely to draw backlash in the Corn Belt, a Midwestern region that has been a stronghold of support for Trump.Both HFCS and sucrose (cane sugar) are composed of fructose and glucose, but differ at the structural level.Those differences don’t appear to significantly affect health outcomes, according to research.Trump’s preferred Diet Coke is sweetened with aspartame — a compound classified as a “possible carcinogen” by the International Agency for Research on Cancer (IARC).

US Treasury chief eyes China tariff deadline extension in talks next week

US Treasury Secretary Scott Bessent said Tuesday that he would meet his Chinese counterparts in Stockholm next week for tariff talks, eyeing an extension to a mid-August deadline for levies to snap back to steeper levels.Bessent told Fox Business that he will be speaking with Chinese officials on Monday and Tuesday for a third round of high-level negotiations, to work out what he said would be a likely postponement of the deadline.Washington and Beijing slapped escalating, tit-for-tat levies on each other’s exports earlier this year — reaching triple digit levels — stalling trade between the world’s two biggest economies as tensions surged.But after top officials met in Geneva in May, both sides agreed to temporarily lower their tariff levels in a de-escalation set to expire next month. Officials from the two countries also met in London in June.”That deal expires on August 12, and I’m going to be in Stockholm on Monday and Tuesday with my Chinese counterparts, and we’ll be working out what is likely an extension then,” Bessent said in the interview.He noted that Washington also wanted to speak about a wider range of topics, potentially including Chinese purchases of Iranian and Russian oil.For other economies facing an earlier August 1 deadline for higher US tariffs to kick in, Bessent said he expects the duties will boomerang back up — but signaled Washington would continue negotiations.Trade talks between the United States and China had initially stalled after their Geneva meeting in May, although Bessent said trade is in a good place now with Beijing.Disagreements bubbled to the fore when US officials earlier accused Beijing of violating their pact and slow-walking export license approvals for rare earths — crucial materials for making electronics and other goods.Since then, the two countries have agreed on a framework to move forward with their Geneva consensus.The United States has been seen relaxing certain restrictions on semiconductor sales to China, while Beijing has been reviewing applications for export licenses of controlled items. Since returning to the White House in January, President Donald Trump has imposed a sweeping 10 percent tariff on allies and competitors alike, alongside steeper levels on steel, aluminum and autos.The 10 percent blanket rate is expected to increase for dozens of economies — although not China — come August 1, unless they reach an agreement with Washington to avert this outcome.So far, the Trump administration has only announced deals with Britain, Vietnam and Indonesia. But Bessent maintained Tuesday that more pacts are to come.

US Treasury chief eyes China tariff deadline extension in talks next week

US Treasury Secretary Scott Bessent said Tuesday that he would meet his Chinese counterparts in Stockholm next week for tariff talks, eyeing an extension to a mid-August deadline for levies to snap back to steeper levels.Bessent told Fox Business that he will be speaking with Chinese officials on Monday and Tuesday for a third round of high-level negotiations, to work out what he said would be a likely postponement of the deadline.Washington and Beijing slapped escalating, tit-for-tat levies on each other’s exports earlier this year — reaching triple digit levels — stalling trade between the world’s two biggest economies as tensions surged.But after top officials met in Geneva in May, both sides agreed to temporarily lower their tariff levels in a de-escalation set to expire next month. Officials from the two countries also met in London in June.”That deal expires on August 12, and I’m going to be in Stockholm on Monday and Tuesday with my Chinese counterparts, and we’ll be working out what is likely an extension then,” Bessent said in the interview.He noted that Washington also wanted to speak about a wider range of topics, potentially including Chinese purchases of Iranian and Russian oil.For other economies facing an earlier August 1 deadline for higher US tariffs to kick in, Bessent said he expects the duties will boomerang back up — but signaled Washington would continue negotiations.Trade talks between the United States and China had initially stalled after their Geneva meeting in May, although Bessent said trade is in a good place now with Beijing.Disagreements bubbled to the fore when US officials earlier accused Beijing of violating their pact and slow-walking export license approvals for rare earths — crucial materials for making electronics and other goods.Since then, the two countries have agreed on a framework to move forward with their Geneva consensus.The United States has been seen relaxing certain restrictions on semiconductor sales to China, while Beijing has been reviewing applications for export licenses of controlled items. Since returning to the White House in January, President Donald Trump has imposed a sweeping 10 percent tariff on allies and competitors alike, alongside steeper levels on steel, aluminum and autos.The 10 percent blanket rate is expected to increase for dozens of economies — although not China — come August 1, unless they reach an agreement with Washington to avert this outcome.So far, the Trump administration has only announced deals with Britain, Vietnam and Indonesia. But Bessent maintained Tuesday that more pacts are to come.

Mozambique opposition leader says facing terrorism chargesTue, 22 Jul 2025 14:22:37 GMT

Mozambique’s main opposition leader Venancio Mondlane said he had been charged with five offences, including inciting and instigating terrorism, after meeting with the country’s attorney general Tuesday.Mondlane led months of violently repressed protests following disputed general elections in October last year.He claimed he is being persecuted despite an agreement with President Daniel Chapo to end …

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Mbeumo thrilled to follow in Ronaldo’s footsteps at ‘biggest club in the world’ Man UtdTue, 22 Jul 2025 14:18:17 GMT

Bryan Mbeumo says he is excited to be following in Cristiano Ronaldo’s footsteps at the “biggest club in the world” after signing for Manchester United.After weeks of drawn-out talks, the 25-year-old finally completed his move from Brentford on Monday for £65 million ($87 million) plus a potential £6 million in add-ons.The forward has signed a …

Mbeumo thrilled to follow in Ronaldo’s footsteps at ‘biggest club in the world’ Man UtdTue, 22 Jul 2025 14:18:17 GMT Read More »

Wall Street ouvre sans direction claire, se concentre sur les résultats d’entreprises

La Bourse de New York évolue en ordre dispersé mardi, digérant une nouvelle volée de résultats d’entreprises mitigés et dans l’attente de développements sur le plan commercial.Vers 13H50 GMT, le Dow Jones prenait 0,29%, l’indice Nasdaq lâchait 0,45% et l’indice élargi S&P 500 (-0,02%) était proche de l’équilibre. La veille, le Nasdaq et le S&P 500 avaient tous les deux atteint de nouveaux sommets en clôture.”Les résultats trimestriels devraient être le principal moteur sur le marché cette semaine”, ont résumé dans une note les analystes de Briefing.com.La place américaine accueille mardi une nouvelle salve de performances financières, dont les publications de Coca-Cola, General Motors et Lockheed Martin. Plus d’une centaine de sociétés composant l’indice S&P 500 doivent publier leurs résultats cette semaine.Les acteurs du marché attendent notamment avec impatience les publications de deux des “Sept Magnifiques”, surnom donné aux grands noms du secteur technologique: Alphabet (maison mère de Google) et Tesla, qui publieront leurs résultats mercredi.Surtout, les investisseurs souhaitent connaître les premiers “impacts des droits de douane” sur les performances des groupes, a expliqué à l’AFP Sam Stovall, analyste de CFRA.Le président américain Donald Trump a donné aux partenaires commerciaux des Etats-Unis jusqu’au 1er août pour parvenir à un accord avec la Maison-Blanche sur les droits de douane.Les discussions avec l’Union européenne – que M. Trump a récemment menacée de 30% de taxes douanières – seront particulièrement scrutées par les investisseurs.”La route sera semée d’embûches jusqu’à ce que nous connaissions les conditions finales des droits de douane”, a prévenu M. Stovall.Les investisseurs ont par ailleurs suivi le discours de Jerome Powell, président de la banque centrale américaine (Fed), avant la réunion de politique monétaire de l’institution les 29 et 30 juillet.M. Powell n’a pas donné d’indices sur la trajectoire monétaire privilégiée par la Réserve fédérale (Fed), alors que M. Trump a demandé à plusieurs reprises à l’institution de baisser ses taux au plus vite.La Fed les maintient inchangés depuis le début de l’année, entre 4,25% et 4,50%.Les marchés anticipent largement une prolongation de cette pause en juillet, une baisse des taux n’étant attendue qu’en septembre selon l’outil FedWatch du CME.Au tableau des valeurs, le constructeur automobile américain General Motors perdait de la vitesse (-5,81% à 50,12 dollars) malgré un deuxième trimestre qui a dépassé les attentes des analystes.Entre avril et juin, le géant de Détroit a dégagé un chiffre d’affaires de 47,12 milliards de dollars (-1,8%) et un bénéfice net de 1,89 milliard (-35,4%), a-t-il annoncé mardi dans un communiqué.Le groupe a estimé l’impact net des droits de douane sur ce trimestre à 1,1 milliard de dollars, et confirmé un impact brut autour de 4 à 5 milliards de dollars pour l’ensemble de l’année.Le groupe de défense américain Lockheed Martin glissait franchement (-7,48% à 426,10 dollars) après une dégringolade de son bénéfice net au deuxième trimestre, plombé par des charges exceptionnelles d’environ 1,7 milliard de dollars.Sur un an, son bénéfice net a reculé de près de 80%, à 342 millions de dollars américains contre 1,6 milliard au même trimestre l’année passée.Le géant américain Coca-Cola perdait un peu de terrain (-0,94% à 69,41 dollars) à la suite de résultats mitigés, notamment un chiffre d’affaires en deçà des attentes.Le groupe a par ailleurs confirmé la commercialisation “à l’automne” aux Etats-Unis d’une version au sucre de canne de son célèbre soda.