President Donald Trump‘s recent announcement about a potential shift to cane sugar in Coca-Cola Co‘s (NYSE:KO) products could have dire consequences for the U.S. job market, according to a prominent industry group.
What Happened: The proposed change could result in significant job losses, decreased farm income, and increased imports of foreign sugar, with no added nutritional benefits, cautioned John Bode, the President and CEO of the Corn Refiners Association (CRA).
